My Property Partners is interested in investing in locations with sustainable long term demand. With this in mind some key criteria have been identified against which all propeties offered will be assessed. Wth these key criteria addressed there should be the potential for long term capital growth and short-medium term rental demand (depending on the project).
Location - City centre locations only will be considered. Although there are many high growth opportunities outside of city centres the highest demand locations will always be city centres
Transportation - Excellent transportation links shouldbe within a few minutes walk. As the preferred locations are city centres, these links would need to include buses, trains, underground, metro-lines
High latent demand - High density area will be chosen where there is a latent demand for commercial or residential space. By definition this will be within walking distance of major office developments, tourist attractions and/or entertainment areas
Living & Entertainment facilities - Whether the property is commercial or residential in nature, occupants must have easy access (again walking distance) to key facilities for a comfortable lifestyle - such as shops, restaurants, bars, supermarkets etc. These areas will tend to have the largest sustainable demand. This environent will sustain a robust living and entertainment atmosphere all year round to ensure year round demand for the property
Growth area - The achieve the maximum capital gains, areas are chosen that are undergoing or will see major redevelopment over the investment period. This may be major renovation of the area or the development of major attractions/facilities in the immediate vacinity
Prestigous Development- With all of these crtieria met, properties that have some level of exclusivity and/or are exciting investment opportunities will be offered
If any prospective property partner would like to suggest potential properties please feel free to contact us.
IMAGES
- Exterior
- Parliament Views
- Interior
PROJECT OVERVIEW
Westminster Bridge Park Plaza
Delux suite in a landmark ApartHotel overlooking Big Ben and the Houses of Parliament. ApartHotel with 900 suites to be run by the Park Plaza Hotels, part of the 9th Largest hotel group in the world
OVERVIEW OF OPPORTUNITY
Opportunity |
Apart Hotel - Studio Suite by Galliard
6% guaranteed NETT return until 2015 (see Worked Example for some more details)
Suitable for Self Invested Personal Pension - SIPPS |
Price |
~£300k + VAT
VAT Will be reclaimed and returned to partners |
Reserve Funds |
4% to cover Stamp Duty and to cover future costs
Reserves funds (after stamp duty, solicitor fees and other purchase costs) will be refunded at the end of the investment period. Any interest earned will also be returned to partners |
Investment Period |
10 years to include
2 years contrucition, 5 years Guaranteed 6% return and 3 yeara on-going running of ApartHotel
At any point during the investment period the partnership could decide to exit early.
|
ASSESSMENT OF CRITERIA
Location |
1 Westminster Birdge. Located at the foot of Westminster Bridge. Part of London up and coming South Bank |
Transportation |
Train stations within 2 minutes walk - Warterloo Mainlain, Waterloo Underground and Westminster Underground
Bus - large network of bus route
Tourist Bus - London's Sight seeing buses stop outside this location |
Latent Demand |
Located in the heart of London the this ApartHotel is ideally located to attract tourists including being just a couple of minutes walks from Parliament Square and the London Eye
With one of London largest conference centres and one underground stop from London sqaure mile, corporate usage is expected to sustain high occupancy rates
With the 2012 Olympics also hitting London the hotel will be well positioned to attract visitors given the Jubille line is accesssible form both Waterloo and Westminster trains stations
|
Living & Entertainent |
London's famous Leicester Square is within a 15 minute walk and the ApartHotel is just a few minutes from Londons vibrant South Bank where a wide range of restaurants, bars, galleries and theatres are located including the Royal Festival Hall |
Growth |
London South Bank has undergone dramatic transformation over recent years and significant future development is planned including: a new public park at Jubille Gardens; the redevelopment of Elizabeth House on York road (1 minutes akl away) to construcut two commercial office blocks and further development along the South Bank |
FURTHER DETAILS
To learn more about this project please visit the website for the development: www.1westminsterbridge.com
To find out more about ApartHotels visit GuestInvest who were one of the first companies to bring the concept to the UK following on the back of success of this assets class abroad.
www.guestinvest.com
For examples of other ApartHotel in London:
www.apartotels.com
IMAGES
- The Pad
- Example Interior
- Business Bay
PROJECT OVERVIEW
The Pad apartment tower is an amazing vision of futuristic living, situated in a stunning waterside location within the Business Bay of Dubai. The 24 floor tilting building will contain 231 intelligent apartments, studios and lofts all offering fantastic views and individually equipped with the most advanced features in cybertecture iCustomization, to interactively enhance and individualize each unique home.
The Pad will contain state of the art facilities and amenities with owners able to benefit from the integrated iClub leisure, recreation and spa centre with dedicated media, restaurant and retail zones. Each apartment will incorporate numerous life enhancing iFeatures and technological communication and entertainment functions enabling the owner to expand the boundaries of their home.
Key features include wall-to-wall and floor-to-ceiling projection system showing live satelitte feeds from 28 cities around the world - Have a hawaiian beech party or a Synegry Habour party in your own apartment.
Additionally expect keyless entry, i-Art where all art work is downloaded in high resolution from collections of your choice, biometric reading of your helth in the bathroom, Video conferencing on the plasma TVs including with the apartment etc etc
OVERVIEW OF OPPORTUNITY
Opportunity |
Studio Apartments approx 700 square foot.
Due for Completion end of 2009
Current price AED3,400 per square foot, expected to comfortably exceed AED4,000 per square foot by completion representing an 18% return by end of 2009
Significant rental demand expected for short term lets - Ideal for city workers in Dubai looking for the exclusive place to live while in Dubai |
Price |
~£350k |
Reserve Funds |
2% - Refundable |
Investment Period |
5 Years with option to sell on completion |
ASSESSMENT OF CRITERIA
Location |
Business Bay on the extended Dubai creek is the location for the new new Dubai Stock Exchange and soon to be the business centre for Dubai
Walking distance from the world tallest building the Burj Dubai currentlyunder construction, and walking distance to the World Largest shopping mall |
Transportation |
Located in central Dubai just of Sheik Zayed road the main artery for Dubai. A new monoriail link with connect Business Bay with the airport, the marina, Dubai Land (expected to be larger than all Orlando amusement parks combined) and all major hot spots across the city
The extended creek will also offer waer taxis between Business Bay and the many new developments currenlty under construciton in Dubai |
Latent Demand |
Business Bay itself will provide a huge demand for residential propery in the area. The worlds largest mall, the world largest building and the mamouth projects under development will generate demand particulalry if the building you are investing stand out among te rest |
Living & Entertainent |
All major developments in Dubai are ebign designed with living and entertainment in mind. This particular development is located on the creek which will have plenty of shops and restaruants and is in walking distance of the worlds largest shopping mall. What more do you need? |
Growth |
In terms fo growth, Dubai is one of the world's fastest growing cities and with DubaiLan under construciton is likely to be one of the most visited locations in the world. |
FURTHER DETAILS
Dubai is currently one of the worlds most eciting investment locations.
Learn more abou the Pad and Dubai at the following sites
The Pad
Business Bay
The Burj Dubai
Dubai Land
IMAGES
- Sports City
- Exerior
- Interior
- Pool
- Hotel Lobby
- Location
PROJECT OVERVIEW
The Pad apartment tower is an amazing vision of futuristic living, situated in a stunning waterside location within the Business Bay of Dubai. The 24 floor tilting building will contain 231 intelligent apartments, studios and lofts all offering fantastic views and individually equipped with the most advanced features in cybertecture iCustomization, to interactively enhance and individualize each unique home.
The Pad will contain state of the art facilities and amenities with owners able to benefit from the integrated iClub leisure, recreation and spa centre with dedicated media, restaurant and retail zones. Each apartment will incorporate numerous life enhancing iFeatures and technological communication and entertainment functions enabling the owner to expand the boundaries of their home.
Key features include wall-to-wall and floor-to-ceiling projection system showing live satelitte feeds from 28 cities around the world - Have a hawaiian beech party or a Synegry Habour party in your own apartment.
Additionally expect keyless entry, i-Art where all art work is downloaded in high resolution from collections of your choice, biometric reading of your helth in the bathroom, Video conferencing on the plasma TVs including with the apartment etc etc
OVERVIEW OF OPPORTUNITY
Opportunity |
Studio Apartments approx 700 square foot.
Due for Completion end of 2009
Returns expectations of 10%+ per annum (see below)
50% Share of hotel profits distributed to apartment owners
30 Days usage for owners distributed amoung My Property Partners (distribution schedule on project launch)
20 Yr lease back and management by leading 5 Star hotel operator
|
Price |
~£130k |
Reserve Funds |
1% - Refundable
|
Investment Period |
7 Years
2 Yrs under constructions and 5 Years holding
with option to sell on completion |
DETAILS
The Cube in Dubai Sports City offers a complete value added package both for its investors and its residents. The Cube, Dubai is a stand alone project that represents a high end investment opportunity yielding a minimum 10% Return on Investment, assuming some conservative market figures are met.
The return on investment has been calculated using the most conservative figures the estimated return of 10% is based on the following assumptions:
- an estimated occupancy rate of 70% at AED700 per room per night
- capital appreciation per annum of 5% of the price of the apartment
- service charges of AED10 per square foot
- management fees of AED15 per square foot
- total rooms subject to the lease back 561
- a furniture replacement reserve of 5% of the gross revenue
- 335 days of room availability
- 30 days reserved for the owner with all owners taking their full entitlement.
The revenue from all the 561 units at The Cube in Dubai Sports City will be pooled as the gross revenue. From the gross revenue there are a number of deductions that need to be made as per the above. Once the deductions have been made there is a 50:50 split of the Net revenue shared between the operator and owners.
Owners at The Cube Condo Residences will receive a percentage share of the revenue proportionate to the value of their investment against the total investment value of the building. (Eg. 100% of the investment = value of all 561 units)
An investor that owns a 2 bedroom unit at The Cube (eg.Value 2,000,000/-) an investor that owns 4 x studio at The Cube (eg. 500,000/-) will receive the same return on investment.
The percentage return on investment will be a direct result of the room revenue charged by the operator and the occupancy level of The Cube Condo Residence.
The expectation for the return on investment should exceed 10% considering the current market figures in Dubai. This making The Cube one of Dubai’s best investment opportunities in the Dubai real estate market.
ASSESSMENT OF CRITERIA
Location |
Dubai Sports City, Dubailand will be the home for the most thrilling sports events taking place all year round. With events all year round being broadcasted to the entire world, Dubai Sports City is sure to become the most famous place within Dubai. |
Transportation |
Located in Dubailand and served by the new monoriail link Dubai Sports city will have all key transportation facilities to ensue that it's stadiums and facilities are within easy reach for atheltes and for spectators.
|
Latent Demand |
When completed, DSC will feature four state-of-the-art stadiums and other key features acttracting significant demand:
- 10,000 seat multi-purpose indoor arena
- 30,000 capacity cricket stadium
- 60,000 capacity multi-purpose outdoor complex
- 10,000 spectator hockey stadium
- Ernie Els Golf course
- Manchester United Soccer academy
- David Lloyds Tennis academy
|
Living & Entertainent |
Dubai Sports City isn’t just about athletic competition, it’s about living life at your own pace, a life rich in options to get out and get healthy. Here, life is surrounded by unlimited options from restaurants, cafes, shopping opportunities, hotels, parks and family activities. In short, everything the modern metropolis has to offer is located in Dubai Sports City.Dubai Sports City is a carefully master planned community offering all vital facilities such as schools, medical facilities, emergency services, restaurants, cafes, entertainment venues, shops, community centres, mosques and a multitude of other facilities and services.Dubai Sports City offers an unprecedented shopping experience, from the largest sports-themed mall in the region to an array of retail plazas and boutiques. With such a multitude of shops, everyone can find anything they need at Dubai Sports City. |
Growth |
Dubai Sports city has been identified by some big name athletic clubs and associations including Manchester United, David lloyds, Ernie Els and the International Cricket Association. These big names should ensure year round demand within Sports City |
FURTHER DETAILS
Learn more abou The Cube, Sports City and Dubailand at the following sites
The Cube
Sports City
Dubai Land
