Strategy

The continued focus is on maximising unit holder returns, capitalising on strong and enduring occupier relationships to deliver appropriate spacial solutions in Junction parks.  With the improvement in the investment market, the fund capitalised by disposing of parks in Aberdeen, Aylesbury, Hull, Maidstone, Portsmouth, Slough and Swansea, where the prospects for further added value management was limited.

The Junction decided to dispose of the above assets as part of it's strategy to focus on those properties that have the greatest asset management or development opportunities.

Outlook

With the successful equity raise, the fund's capital structure is stabilised and management is focussed on business plan delivery. The fund continues to review the portfolio in response to continuing improvement in the investment market against the general economic uncertainties.