Quote:
Originally Posted by jorgio12
the company that offer this deal offer it as a fund.
I will have to put my money in and than give them the aouthority to handle all purchases rental etc in my name.
Fund Term: April 30th 2010 – but there are exit options.
Fund Size: 20,400,000 AED million.
they say they are buying car parks in the most busy key location in bb and that during construction period(they are buying in development that is under construction) the car park that I buy for 100k dirham will be worth 150k-200k within 2 years.
they send me all the investment logic etc and it looks reallly good and the exit plan is good as well. I think this is the best way to invest in bb for someone with lower amout of cash like me.
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you should also read the T&C in FULL specially the samll font ones, who's the fund manager for this one?