Jacksons' Accelerator Spring Edition 2019 Accelerator 4th Edition - Magazine-sp | Seite 21

Target properties are prime Grade A office spaces let
on long leases to quality covenants who are often global
names. Offices within the portfolio include:
• Regency Court, St Peter Port - 60,000 sq.ft plus
254 car parking spaces and let to Bank of Butterfield,
Deloitte, Barclays, Schroders and IAG.
• Royal Chambers, St Peter Port - 67,473 sq.ft and
let to EY, Terra Firma, Mourant and IPES.
• 17 - 18 Esplanade, St Helier - 29,241 sq.ft plus 22
car parking spaces and let to SG Hambros Bank &
Trust (Jersey) Limited
• Liberation House and Windward House, St Helier
- 84,977 sq.ft plus 64 car parking spaces and let to
EY, Rossborough, CPA Global and BDO.
• Vicarage House, Isle of Man - 30,000 sq.ft and let
to Zurich Insurance
The annual dividend paid in 2017 and 2018 was 6.6
pence per share.
FOSIF has the objective of attaining long-term capital
growth and an income stream by investing in well-
managed financial services and related companies,
which are principally based in offshore financial centres.
It has gross assets under administration of just over £66
million and its portfolio includes:
• PraxisIFM - provides a wide range of bespoke
professional services to private individuals, families
and international corporate clients. The group was
originally established in 1972 and now has around
550 staff. Majority owned by its management team,
PraxisIFM listed on TISE in April 2017.
• Oak Group - formed in 2018 as the vehicle through
which FSOIF acquired Oak Trust and consolidated
the fund’s interests in Consortia Partnership
and Kreston IOM. Oak Group provides multi-
jurisdictional fund, corporate and trust structuring,
expert administration and compliance services. It
has £20 billion of assets under administration and
employs more than 160 staff across five offices.
This is just a brief snapshot of the opportunities available
locally and the teams at Ravenscroft in Guernsey and
Jersey would be delighted to talk to you further about
investing in the islands we are proud to call our home.
www.ravenscroftgroup.com