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Hot Topic DEALMAKERS
Hot Topic DEALMAKERS
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

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Tim Hunter Thu, 24 Oct 2024
Contact the Writer: thunter@nbr.co.nz
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Shareholders in revolt at Kerr’s London real estate company
General Business,
106388
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