Re Investment Manager
13 Avril 2006 - 9:02AM
UK Regulatory
RNS Number:4872B
Westbury Property Fund Limited
13 April 2006
Press Release 13 April 2006
THE WESTBURY PROPERTY FUND LIMITED
NOVATION OF INVESTMENT MANAGEMENT AGREEMENT
The Board (the "Board") of The Westbury Property Fund Limited (the "Fund")
welcomes the announcement today of the proposed acquisition of Berrington, the
Fund's investment manager, by The Medical Property Investment Fund Limited. The
Board believes that Berrington will be significantly strengthened by this
acquisition and is satisfied that Richard Burrell, Nigel Rawlings and Ben
Browne-Clayton will remain fully committed to providing investment management
services to the Fund. The board has given its unanimous consent and the Fund
intends to enter into a novation agreement in relation to its investment
management agreements.
- ends -
For further information, please contact:
Rodney Baker-Bates Tony Langham/James Horsman
Chairman Lansons Communications
020 7659 6271 020 7294 3617 / 020 7294 3686
07979 692 287 / 07730 989 699
or visit www.berringtonfm.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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