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Braemar Group
Braemar Group (BRG) is an AIM-listed, FSA-authorised, provider of Corporate Finance and Fund Management services. It has subsidiaries involved in property management and property development and trading.
Strategic acquisition
residential block management of Main &Main bought
£525k cash paid
good combination with Braemar block management
Distinguished Investors
£1.3m placing brings Wray & Hemsley in
Funds for working capital and potential acquisitions
Encouraging results
- Braemar completed value enhancing acquisition
- Steadily increasing turnover in the
property and fund management division as FUM grew
Young fast growing financial services group
- Braemar has diverse offerings including property and corporate finance advice
- Expected to move into profit in 2007.
- Strong reputation in its industry will help attract investment
- Future contracted income projected to exceed current market cap by end of 2007-8
