Eppley’s Latest Move: Investing in the Future
- Eppley Limited recently made a significant investment by acquiring a substantial stake in the Eppley Caribbean Property Fund Limited SCC – Value Fund (ECPF).
- The transaction, which saw Eppley purchase approximately 18.7% of ECPF’s outstanding shares, highlights the company’s commitment to investing alongside its clients.
- ECPF, the largest listed real estate mutual fund in the Caribbean, owns a diverse portfolio of 39 properties spread over Jamaica, Barbados, Trinidad, and St. Vincent.
Eppley’s Strategic Investment Approach
- Eppley’s subsidiary, Eppley Fund Managers Limited, already manages and controls ECPF by owning 100% of its common shares.
- With the recent share purchases, Eppley has solidified its position as the largest shareholder of ECPF’s listed shares.
- CEO Raymond Donaldson emphasized that Eppley’s investment in ECPF aligns with their core investment principles of providing investors with diversified real estate assets and promising returns.
A Strong Foothold in the Real Estate Landscape
- Denise Gallimore, VP of Real Estate and Infrastructure at Eppley, highlighted the company’s dominant presence in the Caribbean’s real estate sector.
- Through operating one of the region’s largest commercial portfolios, Eppley has established itself as a preferred landlord for renowned businesses and sought-after properties.
- The recent transaction showcases Eppley’s confidence in leveraging its capital to drive further growth in the real estate market.
In conclusion, Eppley’s acquisition of a stake in ECPF signifies its unwavering commitment to supporting its investors and expanding its footprint in the Caribbean real estate industry. As a trusted investment partner, Eppley continues to navigate the market with a strategic vision and a focus on delivering value to all stakeholders.
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