In response to the global outbreak, Kout Capital’s management has shifted its focus towards the health and safety of our team who are located in different regional locations, towards the provision of support to current occupiers of the portfolio located in and around the UK, and towards the capital preservation of the company’s stakeholders. Management has made it a priority to provide the team with access to the necessary technology in order to work efficiently from home and to avoid any interruption in business operations. Kout Capital’s management will ensure that investors and stakeholders remain fully informed regarding any matters arising in the market.
Our current investments under management are based in secondary locations around the UK, with sectors that include offices, student accommodation, and out of-town retail. While the retail sector has been affected the most, other companies have also seen impacts to their businesses. We, as a team, are communicating with occupiers in order to understand each occupier’s present position and to extend our support where needed by offering flexible solutions. At the same time, we are strongly focused on ensuring that the company maintains its solid liquidity while taking on supportive initiatives to current tenants.
Our investor’s portfolio remains robust and our relationship with current lenders is solid. We believe that the UK market is resilient and that the portfolio of assets under our management are well-positioned, with notable tenants and strong covenants put in place.
Kout Capital LLC
Kout Capital is a real estate advisory and management firm serving multiple clients across the globe from offices in Kuwait and London. Kout Capital’s clients seek value-add acquisitions in both the commercial and residential sectors of the UK investment and development markets as well as bridging and other financing opportunities. Kout Capital sources appropriate opportunities for different investment mandates through its wide network of contacts in the MENA region, UK and Europe.
For further information visit www.koutcapital.com