Darwin Fund Update.pdf

653276d5c7260211204dc224_2023Q3_D_inc_dlpf_factsheet.pdf
Preview of Darwin Fund Update
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📊 Size: 462 KB
📄 Pages: 2 pages
⬇️ Downloads: 82

Summary

The Darwin Leisure Property Fund's NAV decreased significantly in July due to a change in the Weighted Average Cost of Capital, driven by an increase in the Risk Free Rate. The fund's holiday rental occupancy and yield were below 2022 levels, but the yield was better than typical market yields. The fund has introduced holiday home sales and is discussing alternative finance options with providers. The fund's strategy is to preserve and grow capital, providing income returns above inflation, with a target annualized total return of 6-8%. The fund invests in UK holiday parks, comprising tenting, touring, static caravan, and lodge accommodations, with a mix of holiday rental and owner-occupied units.

Description

The Darwin Leisure Property Fund's NAV decreased significantly in July due to a change in the Weighted Average Cost of Capital, driven by an increase in the...

Technical Information

  • File Format: PDF
  • File Size: 462 KB
  • Pages: 2
  • Language: EN
  • Total Downloads: 82
  • Last Updated: 6 days ago

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