MANAGING DIRECTOR’S INTERVIEW
Nicolas Vaudin
Tell us more about Lavastone Ltd.
Lavastone Ltd was born in 2018, from the rebranding and restructuring
of Cim’s property cluster under the brand name “Lavastone Properties”.
We diversify our activities across three main poles, namely investment
and development, property management and portfolio management.
In 2017, we had developed a clear strategy for yield improvement and
expansion of our investment properties portfolio, which also involved
the restructuring, rebranding and listing of Lavastone Properties on the
DEM, in view of creating a more focused business. Following the DEM
listing in December 2018 and the dividend in specie distributed by Cim
Financial Services Ltd (“CFSL”) in January 2019, Lavastone no longer
forms part of the Cim Group. The idea was that, with a dedicated
Board and management team, Lavastone Properties could access
alternative sources of capital to fund its activities at targeted optimum
gearing levels, and provide shareholders and other stakeholders with
more comprehensive reporting and thus keep them more informed on
the Group’s operational and financial performances (…)
