Alina Holdings (formerly Local Shopping REIT : LSR) initiated a programme in July 2013 to dispose of its property assets. Having sold the bulk of its properties and withdrawn from the UK REIT tax regime, in September 2020 the company adopted the new investment strategy. Its objective is to identify and acquire interests in potential target businesses capable of delivering long term value for its shareholders. Alina Holdings will seek to:
- operate acquired businesses to generate value for shareholders through operational expansion and improvements, as well as potentially through additional complementary transactions; and
- to carefully monitor our investments and influence development and capital appreciation.
- continue to actively manage its current property portfolio alongside the new strategy at least until the current uncertainty overhanging the UK property market has ended.