Harcourt Property Management & Financial Services Limited

The principal activity of the company continued to be act as the service manager of the property known as 18 Harcourt Terrace, London SW10 on a non profit basis. The whole of the service and management expenses are recoverable from the lessees in accordance with the terms of their respective leases. The company owns the freehold interest in 18 Harcourt Terrace, London SW10. On acquisition of the property on 4 March 1998 new 999 year leases were granted in respect of the five flats therein.