Rent Collection Rates. 10/20.
The rent collection rates for properties owned by Wulstan Capital funds are as follows:
March quarter 100%.
June quarter 98.8%.
September quarter 100%.
Wulstan Capital has continued to make income distributions to investors in full.
Aberdeen Purchase. 06/20.
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. 04/20.
Wulstan Capital has appointed Avison Young as their managing agents.
The management contract is scheduled to start 1st August 2020.