[ad_1]
The Torchlight Fund has become the majority shareholder in KCR Residential REIT after triggering its option to add 13,500,000 shares to its holding.
Following the shares deal, which cost £2.7m, Torchlight’s interest in KCR increases to 23,100,000 Shares, representing 55.4% of the company’s enlarged issued share capital, and 35,900,000 options.
[ad_2]
Source link
