Apple leases JZCP property in Brooklyn, New York

APPLE LEASES JZCP PROPERTY IN BROOKLYN, NEW YORK

26 July 2016

JZ Capital Partners Ltd. (LSE: JZCP.L, “JZCP” or the “Company”), the London listed fund that invests in US and European microcap companies and US real estate, alongside its long-term real estate partner, RedSky Capital, LLC (“RedSky”), is pleased to announce that Apple is opening a new store in the Company’s 247 Bedford Avenue property, located in the Williamsburg neighbourhood of Brooklyn, New York.

Apple’s 13,700 sq. ft. unit will occupy two stories of the newly renovated site, located on Williamsburg’s most heavily trafficked retail corridor. This is Apple’s first store to open in the borough of Brooklyn.

David Zalaznick, JZCP’s Founder and Investment Adviser, commented: “This illustrates the strength of our real estate investment thesis, and we are delighted that Apple has selected this property to open its latest store. Williamsburg continues to attract leading global, national and independent retailers such as Apple to the area, and is rapidly solidifying its position as a dominant retail destination in New York City.”

Ends

For further information:

Ed Berry / Kit Dunford FTI Consulting	[phone]
David Zalaznick Jordan/Zalaznick Advisers, Inc.	[phone]
Paul Le Ray JZ Capital Partners, Ltd.	[phone]

About JZCP

JZCP is a London listed fund which invests in US and European microcap companies and US real estate. Its objective is to achieve an overall return comprised of a current yield and capital appreciation. JZCP receives investment advice from Jordan/Zalaznick Advisers, Inc. (“JZAI”) which is led by David Zalaznick and Jay Jordan. They have worked together for 30 years and are supported by teams of investment professionals in New York, Chicago, London and Madrid. JZAI’s experts work with the existing management of microcap companies to help build better businesses, create value and deliver strong returns for investors. JZCP also invests in mezzanine loans, first and second lien investments and other publicly traded securities. For more information please visit www.jzcp.com.