Transition to Annual Property Appraisals
The Directors of Eppley Caribbean Property Fund Limited SCC – Value Fund (“ECPF”) wish to advise that the Fund will now appraise its wholly owned properties annually. Previously properties were appraised twice a year. This decision will lower costs for ECPF’s shareholders.
ECPF will continue to conduct annual appraisals which form a part of the audited financial statements of the Fund. Appraisals will also be conducted if there is a material change in any of ECPF’s income generating properties.