Gresham House plc is an authorized investment trust. The Company invests in commercial property and securities. The Company�s investment objective is to realize its assets over a period of approximately two years with a view to returning capital to shareholders thereafter. Investment in securities has been primarily by way of investing in corporate bonds with a minimum rating of B+ to provide income; investing in a portfolio of predominately United Kingdom equities to provide both income and capital growth, and acquiring equity stakes in fledgling unquoted companies with a view to contributing to their development. The Company�s investment sectors include property investment, media & photography, financial, and engineering. In December 2013, the Company announced that it has completed the sale of its property in Knowsley, Liverpool known as Northern Gateway.