Lighthouse Capital Limited (JSE:LTE)

Justin Muller
Market Cap (AUD): 11.46B
Sector: Financials
Last Trade (AUD): 7.14 +0 (+0%)
Tab Bar

1. About

Lighthouse Capital Limited (JSE:LTE) is a hybrid company that invests in both direct property and infrastructure and indirectly through investments in listed real estate and infrastructure securities in selected jurisdictions including Australia, Canada, Europe, Hong Kong, Singapore, the United Kingdom and the United States.

Physical property investments are focused on retail assets across Europe and the United Kingdom. Lighthouse Capital targets properties with strong sustainable income from high quality tenants with strong likelihood of renewal of leases on expiry.

Lighthouse Capital’s listed portfolio is well diversified with a focus on real estate and infrastructure investments.

The Company believes that there is a significant market for a dual listed property company established to acquire such properties and invest in global listed companies, in order to offer investors an opportunity to invest international property assets. The Company was established to meet the demands of this market and the Company intends to take advantage of the business relationships, skills, market knowledge and experience of its Chief executive officer, Stephen Delport and his experienced team, to fulfil its business objectives.

In order to take advantage of these opportunities it is necessary for the Company to be able to raise capital quickly, to enable it to grow its assets. The benefit of a dual listing is that it allows the Company to raise capital in South Africa and Mauritius, having regard to the strength of the directors’ relationships and the known interest of investors in those jurisdictions.

The Company’s investments may be held through subsidiaries incorporated in appropriate jurisdictions for the purpose of maximising tax efficiencies of the Company’s underlying investments. All business operations will be carried out by Lighthouse Capital.

Lighthouse Capital is led by a team of individuals with significant experience and successful track records in real estate and fund management, and having sufficient and satisfactory experience in the management of global businesses.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk