Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Pacific Daily journalist was involved in the writing and production of this article.
Tertre Rouge Assets aiming for “15-25% return” from classic cars and motorcycles
Tertre Rouge Assets PLC CEO Andr Ahrl and Chairman Steven Schapera speak to Thomas Warner from Proactive about their innovative approach to generating shareholder returns by consolidating investment-grade classic cars and motorcycles.
Their strategy revolves around creating a portfolio that aims for a 15% Internal Rate of Return (IRR) and operating companies with potential returns of 20-25%. This combined approach targets an overall investor return of 15-20%.
The company's board boasts deep industry knowledge and includes prominent figures like Mika Hakkinen, David Coulthard, and Allan McNish.
Andr Ahrl, a former professional racer and Daytona winner himself, highlights his journey from collecting Porsches to co-founding Tertre Rouge Assets. He emphasises the global appeal and iconic status of their car collection, appealing to a wide range of enthusiasts and collectors. The investment model allows shareholders to benefit from the appreciation of the entire portfolio, rather than individual assets.
Looking ahead, Schapera is confident about the companys meticulously planned future, citing an analysis by Oberon that predicts a 15-25% return. This optimism is based on the solid foundation of their car portfolio and cash-generating businesses.
Proactive UK Ltd
Proactive UK Ltd
+44 20 7989 0813
View source version on newsdirect.com: https://newsdirect.com/news/tertre-rouge-assets-aiming-for-15-25-return-from-classic-cars-and-motorcycles-133222344
Tertre Rouge Assets PLC
Tired of Misplacing Things? Keepin Can Help
Spread the love Boston, Massachusetts Feb 25, 2024 (Issuewire.com) – You’ve gotten ready for aRead More
KISS Investments Introduces Comprehensive Reviews of Top AI Tools and Software
Spread the love KISS Investments, a trusted authority in recommending software and technology products, isRead More