Hi Stuart,
Thanks for the comment. I already bought one unit of AC with great expection(great return). However I am hearing long delay and unknown future which makes me angrier as time goes on. I feel deceived and stucked. I don't understand why MED didn't tell us the fact of delay. Do you think MED really didn't know the mastor developer's time line?
Quote:
Originally Posted by sgmasey
Hi, Chiquita,
My understanding is that there is very little difference between the two, both aparthotels similar in specification, price and completion dates which have slipped approximately 18 months. the latest completion dates are middle of 2009 
However, the 20 year leaseback scheme should provide owners with a very reasonable return (annual yield), the sales people will tell you 20 -26%, but I'm working on half of that, there will also be a DLR station closeby.
If you are considering purchasing a unit in either of these towers I would contact MED direct.
Regards
Stuart |