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Highlights

“Our portfolio of equity release assets grew by 17% from £66.6m to £77.9m during the year. Our approach to investment has been disciplined, based on the application of long-term criteria for investment returns.”

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Chairman's Statement

During the year we have continued to make good progress in building both our investment portfolio and the Group’s position in the equity release market.

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Investment Portfolio

We are seeking to achieve long-term growth in capital value from our investment portfolio through acquiring property-related assets at a discount to their vacant value and realising this discount as they mature.

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