Page 6 - Lifeways Proposal
P. 6
Improving Returns
We were instructed on a a a residential portfolio for a a a fund where the only freehold income historically was ground rent Under that structure the revenue for our client for the first year would have been £617 810 Through prudent management and correct enforcement of ancillary income allowed by covenants within the Leases we increased this revenue to £665 820 an improvement of over 7% (£48 010) in year one LOGOS: PGIM MACQUIRE CALTHORPE ESTATES MUFG DLG
6
