Construction financing for a long-established UK property developer which specialises in constructing out-of-town retail developments for McDonalds, Starbucks, Lidl, Aldi, Greggs and more. The company has an excellent and verifiable track record with years of experience of successfully acquiring, constructing, and handing over completed developments to the same big-brand companies in different locations across the UK.
All sites are acquired with planning permission for the developments prior to investor funds being deployed, and contracts for the sale and handover of the developments when they are completed are already in place with major international blue-chip corporations, so we assess this as low risk.
A strong pipeline of deals is in place to repeat the exact same process again and again, which is both fully audited and has the legal titles on the land and properties held by a UK regulated Trustee until completion and handover of the completed developments to the respective big-brand companies mentioned above.
The contracted returns for investors are fixed at 12% pa if accrued for 2 years, or 10% pa if opting for six-monthly interest payments, with a fixed duration of 24 months for both options. At these interest rates it is cheaper for the property developer than bank-sourced construction financing, whilst still being very attractive rates of return for individual investors.
The company would prefer larger-size investments, but with a number of projects ready to commence subject to financing being in place, the minimum investment amounts are now £5,000 in GBP, or $10,000 in USD.
We think this is an excellent option to include in a diversified investment portfolio, and it has been invested into personally by some of the SmileFS team.
We can arrange an introduction to a senior representative of the company by video call for potential investors upon request, and invite potentially interested investors to assess the company and the investment opportunity for themselves.
For more information, please contact us!