It's clear EIIB's new
asset management strategy requires far less capital (even with bolt - on acquisitions) than the current GBP 129.8 mio of net equity.
Not exact matches
This philosophy puts special emphasis on value investing
strategies:
requiring a margin of safety, risk
management, proper
asset allocation, and avoiding behavioral errors.
However, news of tangible progress is
required here, plus a substantial acceleration in revenues & profits, if EIIB is to justify a dual
strategy of
asset management & financing solutions.
The licence remains relatively un-utilized & is clearly beyond what's
required for your new
asset management strategy.
Selling
assets piecemeal from its 180 - million - square - foot portfolio could prove difficult, since mall acquisitions usually
require buyers to take on a significant amount of debt and not many investors have access to debt right now, notes David J. Lynn, managing director of research and investment
strategy with ING Real Estate Investment
Management.