LSE:PBLT - Develop North PLC TOC Property Backed Lending Tr
Sector: Financials, Industry: Asset Management & Custody Banks
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GBX 86    +0.0 (+0%)
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6 May 2022


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General

Headquarters: UK

Employees: 0

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Description

TOC Property Backed Lending Trust PLC is a closed-end investment company. The investment objective of the company is to provide shareholders with a consistent and stable income and potential for an attractive total return over the medium to long term while managing downside risk through a diversified portfolio of fixed loans predominantly secured over land and property in the UK, and receiving the benefit of an associated profit share arrangement usually obtained by acquiring a minority stake in the relevant borrower project development vehicle.

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