Landlords who are confident that the property market has turned a corner and are looking at investing in income generating shares should have a look at a recent post of mine on Property Investment Trusts (PITS).These offshore property companies have been hammered by the fall in commercial property values which have dropped by over 40% from their peak in 2007.
Some of these PITs were trading at a 50% discount to their underlying asset values at one stage. Stability appears to now be returning to commercial property values after the steep declines.
PITS are high yielding investments with a high proportion of any residual income being distributed to their shareholders in dividend payments.
To find out more about Property Investment Trusts along with the best ones to buy have a look at my post.
Free property management software, Free tenancy agreements
"Prideview's new property investment consortium aimed at long lease blue chip tenants in the UK"
ReplyDeletePrideview Properties Ltd is a commercial property trading company which I work for. We have been active in the UK commercial property market since 1985. We 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 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
vishal@prideviewproperties.co.uk