close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Shareholders in revolt at Kerr’s London real estate company

Since Kerr’s Torchlight fund bought into Aim-listed KCR its shares have fallen more than 80%.

One of KCR’s London properties whose apartments are leased to over-55-year-olds.

Tim Hunter Thu, 24 Oct 2024

Ex-pat Kiwi businessman George Kerr is facing a rebellion from minority shareholders of a UK real estate company after a share price drop of more than 80% since his company took control.

Kerr’s Cayman Islands-registered private equity fund Torchlight, a subsidiary of the previously NZX-listed Pyne

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Tim Hunter Thu, 24 Oct 2024
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Shareholders in revolt at Kerr’s London real estate company
General Business,
106388
true