Manchester-based Sigma Capital Group mandate Lawson Conner Group for the provision of AIFM and compliance services
June 1, 2017 - Firm News
Sigma Capital Group, one of the leading providers of PRS properties in the UK is the latest company to mandate Lawson Conner Group for the provision of AIFM and compliance services.
Lawson Conner's affiliate G10 Capital will act as AIFM to the £250m initial public offering of a new REIT concentrated on the private renting sector. The HCA has supported the issue with a direct investment in the company of up to £25m
The REIT’s investment objective is to provide investors with an attractive level of income together with the prospect of income and capital growth through investment in a portfolio of newly-constructed, residential PRS sites of multiple units. These units will comprise mainly family homes, let on assured shorthold tenancies, as defined in the Housing Act 1988, to qualifying tenants.
For further information please refer to www.sigmacapital.co.uk/prs-reit/
For more information, please contact Gerhard Grueter
Tel: +44 (0) 203 696 1302