Vishal
Best time to invest in the UK commercial property market for years for overseas due to decline in the sterling and UK Nationals due to decline in property values.
Prideview Properties Ltd is a commercial property trading company which I work for. We have been active in the UK commercial property market since 1985 and have seen the peaks and troughs in the UK property market and have experienced the cyclical nature of the markets. From our understanding of the UK property market, we have not seen a better time to invest in commercial property than at this moment in time when values are at significant discounts. We have seen that the UK auction houses have proven that buyer�s appetite remains strong for the long lease and blue chip tenants under the £2M mark where liquidity is aplenty.
We offer investors the option of direct investment into commercial property which we source from a large number of contacts and provide the full package from funding, solicitors and management.
The second option is indirect investments via the following a consortium of funds.
We feel that this is the best time to form a UK Commercial Property Investment consortium aimed at acquiring properties with long leases and solid tenants in the price range from £2M- £10M where yields are more in our favor. We are distributing shares to investors and aim to provide shareholders with dividends of 10% minimum per year and have a lock in period of 3 years. The target returns over the 3 years is the minimum of 40% ROE based on deals we are currently looking at and will be requiring in the future. Our aim is to focus primarily on low risk covenants with a view to trading them before 3 years and hence the leases must have a minimum of 13 years from acquisition. We are targeting a pool of £10M equity to gear up to £25M. We offer investors transparency on all deals carried out via the consortium�s website and also the option of annual meetings aswell as dividend distributions every 6 months.
If you would like further information then please contact me on 07947791689. In addition you will be able to view the reputability of Prideview from our website.
www.prideviewproperties.co.uk
Vishal Patel
This sounds like a really good idea and I have been actively looking at a means of acquiring property but have been put off by the competitive bidding in the auction rooms.
I wolud like further information on the consortium and also any good properties that you can advise me on now.
Regards
Priyen
Posted: September 7th, 2009 | Report This Comment