Trader Talk

Summary


BOUTIQUE fund house Thames River Capital has upped its stake in convenience store and retail investor real estate investment trust The Local Shopping Reit. Thames River, which holds the shares in its property investment trust, Thames River Property Growth & Income fund and Thames River Longstone fund, has upped its stake from 4.12% to 5.27%. The 4,905,067-share holding is worth just over [pounds]5 million.

The Local Shopping Reit, founded a year ago as the first specialist Reit in the UK, invests in a [pounds]249 million portfolio of convenience stores and shopping-parade space.

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Trader Talk

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