Nectar Asset Management has taken over the fund management services on behalf of a group of private investors in Denmark. The funds own 3 properties located in Aylesbury, Stoke Newington (London) and Norwich, and are let to J Sainsbury Plc, JD Wetherspoon Plc, and Countrywide Care Homes respectively. The combined value of the properties is approx. £13m.
The group of investors have been involved in the UK market since 1999, and Nectar believes that there are a number of asset management possibilities across the portfolio.