pm me the details --be sure of the small print . ask the gusy whats teh catch
right away dont be scared be unashamed its ur money they want they are not doing u a favour so scan the whole thing with a fine comb and see
PM me the details
ill tell u wether its worth or not
Quote:
Originally Posted by jorgio12
exit stratedegy is (i copy and paste)
Exit Options:
Although the Fund is being structured as a two year investment, we intend, on a best endeavours basis, to invite 'new'
investors into the Fund from the date of the Funds first Anniversary. An estimated end year one value is 120,000
AED – and we would not expect any problem in attracting new investors at that new 'entry price'. We ultimately
expect the car parking slots to be worth 150k - 200k AED each – thus allowing any new investors considerable
upside. Prices at the end of the first year should reflect a) the development being one year closer to completion b) car
parking prices in Dubai rising with market demand/shortage c) some car parking slots could be sold to office/floor
owners, through the Developer and d) ad-hoc sales/rentals will be transacted where appropriate. Where any
sales/new money is received there will be a dividend/capital repayment made to Investors. This type of asset is highly
liquid!
Fees: We will take no fees at point of entry but be entitled to 10% of any profit achieved at point of 'exit'. We will also
take no fees if the Investor does not get a minimum of 20% per annum from the Fund / Investment. In the event that
an Investor does not 'en-cash', there will be a fee payable at maturity of the Fund, that will be equivalent to what would
have arisen had he/she cashed in his/her investment. There may be legal and other 'structure' fees of approx 1% of
the fund.
the more i look at this i like it more
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