Rent Collection Rates
The rent collection rates for all properties owned by Wulstan Capital funds during 2020 are as follows:
March quarter 100%.
June quarter 100%.
September quarter 100%.
December quarter 100%.
Wulstan Capital has continued to make income distributions to investors in full.
Wulstan Capital has purchased a modern Co-Op convenience store in Aberdeen.
The property was constructed 5 years ago and is let for a further 10 years.
Ryden and Pinsent Masons represented Wulstan.
New Managing Agents
Wulstan Capital has appointed Avison Young as their managing agents.
The management contract is scheduled to start 1st August 2020.