Kingsley Whyte Investments Targets Overseas Property Investment and Ownership

Investment company targets Emerging Real Estate Market
By: Jinhui Qi
 
April 21, 2010 - PRLog -- Kingsley Whyte Investments Resorts - the worldwide property and vacation specialists - has
launched a ground-breaking alternative investment fund and ingenious vehicle
designed to facilitate ownership abroad.
The Kingsley Whyte Investments Resorts Investment Fund - made up of 5 and 7
year closed funds operated and administered by Golden Gate Financial  - will
capitalise on the tremendous opportunities in the global property market and
will enable investors to purchase equity within a diverse range of assets
selected and managed in line with Kingsley Whyte Investments Resorts' proven business model.
The fund will buy apartments, penthouses and villas located in
prestigious world wide resorts with leisure facilities in the popular
destinations of Barbados, Canada, China, Cyprus, Spain, Thailand and Turkey.
Offering a target IRR of 10-14% per annum, the fund proposes to distribute 4%
income per year to investors in addition to the projected capital growth of
the assets over the term.
Wei Chen, Director of Golden Gate Financial  - then explained,
"Traditional investments have come under enormous pressure in recent years so
the need for alternatives has increased. This has mass market appeal for
those that prefer to buy into real assets. Kingsley Whyte Investments's entry into the
market with the benefit of a proven track record and strong brand could not
have been timed better. We already know from the amount of initial pledges
that it is going to be successful."
Key properties from Kingsley Whyte Investments Resorts' worldwide portfolio
are placed into a Limited Partnership structure offering capital growth over
the term and secured annual interest on the original investment. This is made
all the more attractive because of Chen's ability to bundle discounted high
quality property offering investors immediate value. Property developers have
proven keen to work with Chen because they recognise the value of the brand
and consequently the company has purchased assets at an average 16% discount
off the current low market values after purchase costs.
The Investment Fund has been specifically constructed to
target Individual and pension investors and together with their professional
advisors Golden Gate Financial  has ensured compliance with HMRC
regulations. Chen explains, "The structure has been refined to fit in with
the market conditions that are likely to prevail during the best part of the
next decade. We need to assure potential investors that we have done our
homework thoroughly and that the projections stack up."
One of the key benefits of the fund structure will be the
ability to use SIPP and SSAS contributions. Stone continued, "With a minimum
investment of GBP20,000 and a bricks and mortar underlying asset base this
fund could suit many people. We know intermediaries will welcome the chance
to take something genuinely different to their clients. The potential market
for this product is enormous."
Kingsley Whyte Investments Resorts is also launching a lifestyle product in
the form a unique and financially astute way of purchasing and owning abroad.
Shared ownership in properties in exceptional global resorts with a host of
sporting and leisure amenities will enable purchasers the chance to share in
and enjoy ownership in properties that may have otherwise been unaffordable.
Shared owners will not only hold equity in their vacation property which
guarantees two weeks occupancy rights but also benefit from two additional
weeks vacation elsewhere in the world through a flexible resort exchange
programme.

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“Kingsley Whyte Investments” which was established in 2005 is well acknowledged for its execution of strategically important projects in a wide range of sectors from tourism to housing.
End
Source:Jinhui Qi
Email:***@itrustk.com
Tags:Kingsley Whyte, Investments, 2009, Whyte, Canada, USA, Money, Real, Estate
Industry:Property, Business, Banking
Location:New York City - New York - United States
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