Nanofunds launches first residential projects
Hamptons International's fund offering, Nanofunds, has launched its first residential projects in London following a successful round of fundraising, highlighting a high demand for London residential property exposure and intense demand for small specialist property funds amongst investors.
- (1888PressRelease) May 17, 2011 - Nanofunds, which officially launched to market in Summer 2010, provide investors with the opportunity to invest their money in residential development. Since launch, Nanofunds have commited over £9.2m to residential development projects raised through investment by UK-based and international investors drawn to the unique characteristics of Nanofunds.
The Nook and Calico*, both bespoke London development projects, are the first two developments to be launched through the development Nanofund. The investor returns are expected to be over 20 per cent per annum.
Jason Tracey, Founder of Nanofunds, commented: "The key to successful disposable of the developments comes from the exclusive element of well chosen small sites which allow us to turn around the projects faster, ensuring we lock in the profit and provide very impressive returns."
Demand for Nanofunds has been particularly strong from High Net Worth clients who are attracted by the high returns on offer (between 20 -40%), the relatively low risk nature of Nanofunds' London-centric focus and the short timeframe of the investment.
Nanofunds have a number of unique benefits over traditional property funds:
• The small and tangible nature of Nanofunds has attracted investors who are looking for more transparency and control of their investments, fostering a real sense of ownership and involvement.
• The nature of the development Nanofund means an investor's money is not tied up for a long period of time. Most projects are scheduled to finish within 15 months thus delivering very exciting IRRs .
• Nanofunds do not rely on capital growth because investors are benefiting from development profits. This also offers the investor real market downside protection if there is a fall in the residential market of between 10% - 20% (project dependent)
• Investors receive priority returns
James Puddle, Sales Manager at Hamptons International, comments: "Nanofunds offer an accessible and flexible solution for investors keen to take out a small stake in the property market. Taking advantage of Hamptons' inside knowledge of the London property market, investors enjoy a return on their investment which is not dependent on capital growth. This has proved to be an attractive proposition amongst wealthy individuals."
###
space
space
Satisfied Users & 
Approved Press Releases
Print
Email
Report Spam