JPUT

AcronymDefinition
JPUTJersey Property Unit Trusts
References in periodicals archive ?
It closed GBP 29m deal with LVS, a subsidiary of Bravo II, for the acquisition of the 50% stake not already owned by NewRiver in the Trent JPUT - the Marston's public house portfolio - at an implied net initial yield of 10.1% bringing the portfolio 100% under NewRiver's ownership.
Also, the REIT closed a GBP 23m acquisition from LVS, a subsidiary of Bravo II, of a 50% stake not already owned by NewRiver, in the Camel III JPUT - a portfolio of five shopping centres reflecting an implied net initial yield of 7.2 per cent bringing the portfolio 100 per cent.
Target: Ramsay Retail Warehouse Portfolio, 50% stake in Trent JPUT, 50% stake in the Camel III JPUT