Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | Europe’s First International Property Crowdfunding Platform Launched by Mayfair & MorganCompany offers part-ownership of property portfolios with investments from £1,000.
By: Mayfair & Morgan Investors are able to put their money into portfolios made up of 5 properties. Unlike other crowd funding, Mayfair & Morgan has already bought the properties, found tenants and is managing and maintaining the properties. As soon as each portfolio is fully funded, investors effectively own a share of all the properties in a portfolio, which spreads any risk. Mayfair & Morgan’s experienced property agents manage the tenants and maintenance contracts and return excess rent to investors in the form of annual dividend payments. Most portfolios are designed to run for 5 years, at the end of which properties are sold and investors receive their initial investment, plus their share of the capital growth, with annual returns of 12% to 16% expected. Mayfair & Morgan is a members’ only platform and only members can request access to the investment opportunities. Individuals interested in property crowdfunding with Mayfair & Morgan’s property portfolios must register at http://www.mayfairandmorgan.com before they are able to access information about the portfolios available. Registration is free and does not place any obligation to invest. Paul Skillen, Founder of Mayfair & Morgan, commented: “The concept of crowdfunding is not new; J Pulitzer used his newspapers in the 1880’s to crowdfund the building of the Statue of Liberty. The internet has allowed local groups to crowd fund the purchase of local property. At Mayfair and Morgan, we are allowing people to invest in an extensive portfolio of residential properties that we have already bought and, in most cases, already have tenants installed. People can invest in our properties no matter where they live and we pay our returns pre-tax because our investors will be based in lots of different countries and have different tax regimes. We think that this is Europe’s first international property crowdfunding platform and we expect significant interest.” ENDS About Mayfair & Morgan Mayfair & Morgan is a company which specialises in Portfolio Consultancy, Property Management and Data Centre Design and Build, undertaking development projects and consultancies on behalf of its clients and private associates. The company has extensive experience of Residential Property, General Commercial Property and Specialist Data Centres in Europe Middle East, Canada and Africa. Mayfair & Morgan offers investment portfolios comprising known properties, most of which are already tenanted, to reduce elements of risk for investors. Mayfair & Morgan Limited (registration number 51765) is a Guernsey registered company founded in April 2010 and is monitored by the Guernsey Financial Services Authority. Mayfair & Morgan has offices in the UK and Dubai. End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|