Sunnyday also holds a number of stakes in corporate entities and fund management platforms.
These include the following: 10% of a Sydney based property fund manager along with a prime asset in Double Bay, Sydney where conversion from a hotel into residential use is proposed. 10% of a ‘rescued’ residential project in Manchester in association with a major lender. 33.3% holding in a 50/50 joint venture with Valad which has a stake in a German multi let commercial investment portfolio (German Activ). 30% shareholding in Esplanade Investors SARL which owns 20% of RLD. This has a significant land bank where the objective is creating value from securing residential consents. Convertible loan notes.