Sigma raises property stake

SIGMA Capital, the Edinburgh-based angel investment company, has increased its holding in its property subsidiary after taking up its full allocation of shares in a rights issue.

Sigma focuses on technology businesses but also has property operations through Strategic Investment Management (Sim), which forms limited companies to invest in commercial property. Yesterday, Sigma announced its shareholding in Sim had increased from 47.8 per cent to just over 62 per cent.