Safeland to focus on fund management

June 2007
EG: Estates Gazette;6/23/2007, Issue 725, p57
Trade Publication
The article reports on the plan of Safeland to shift its focus to fund management due to difficulties it faced in property trading in Great Britain. According to chairman Larry Lipman, the company had an operating loss of £58,000 in 2006. Finance director Paul Davis said that the trading difficulties were caused by rising property prices. The company has launched the Safeland Property Unit Trust with Electra Partners Europe in October 2006.


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