Development syndicate

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clive@henly.eclipse.co.uk

Posts: 4
Joined: 20/3/2007
From: Clive

Development syndicate

Is anyone interested in joining forces to form a development syndicate? The idea would be to purchase a plot of land which already has planning permission, and then to employ a professional architect to manage the development. If we could commit around £100k - £150k between us, that would be enough to support the mortgage on a plot of land of about 0.25 acres (in a good location) and a build of £300k - £350k (supported by a development loan). Dependent on location, the resultant properties could sell for £600k - £800k, with the profits being shared pro-rata. The syndicate would be a properly formed, legal partnership. If anyone is interested, I would be happy to share a few figures I have put together. Please mail me at clive@henly.eclipse.co.uk

Report Abuse | Date 21/3/2007 1:04:10 PM

clive@henly.eclipse.co.uk

Posts: 4
Joined: 20/3/2007
From: Clive

RE: Development syndicate (in reply to clive@henly.eclipse.co.uk)

Several people have expressed an interest in this idea, and we are discussing ideas offline. In essence, we are exploring ways of setting this up in a way that (a) protects our individual interests - after all, we are a group of strangers, and (b) creates a structure that can operate effectively for the good of all investors. It is not the first time such a venture has been started, and there are ways of achieving both aims within a legal framework.

We are going to set up a meeting of interested people in mid April, probably in the Birmingham area (somewhere central and near a motorway, allowing people from a distance to attend). If you are interested, please mail me privately so that you can be included in the discussions.

Clive (clive@henly.eclipse.co.uk)

Report Abuse | Date 27/3/2007 11:09:51 AM

clive@henly.eclipse.co.uk

Posts: 4
Joined: 20/3/2007
From: Clive

RE: Development syndicate (in reply to clive@henly.eclipse.co.uk)

We've set an initial meeting for the proposed syndicate - it will be held during the evening of Monday 23rd April near Birmingham. If anyone would like to know further details, please contact me.
The meeting will be to explore ideas and to start to build up trust. It's far too early to start talking about commitment - it will take a while before we can be confident that we can work together, but this will be the first step.
I hope to meet some new friends and colleagues there!
Clive (clive@henly.eclipse.co.uk)

Report Abuse | Date 30/3/2007 8:24:50 PM

prolan

Posts: 5
Joined: 21/2/2007

RE: Development syndicate (in reply to clive@henly.eclipse.co.uk)

Hi Clive,

I checked your posts and am thinking along the same lines but on a bigger scale.

I have no intention whatsoever to highjack your post, instead I am offering a possible cooperation.

I am in the process of securing land in Marrakech, on the Atlantic coast and on the coast in Northern Morocco and am now looking for TIER 1 investment to start the property developments. Returns are very attractive between 180% and 200% over a 3 year period.

We can of course also cater for people who want us to build their dream villa on one of our developments.

For more details see: www.prolan-invest.com/thescheme22

Should you see any synergies between us, please email me at: info@prolan-invest.com

Kind regards,
Christian

Report Abuse | Date 14/5/2007 10:57:13 AM

investlatvia

Posts: 4
Joined: 17/1/2008

RE: Development syndicate (in reply to clive@henly.eclipse.co.uk)

hi i have secured a number of joint venture projects in latvia and would be interested in people who would like to get involved in other projects in the future you can contact me at petergraycice@hotmail.com

Report Abuse | Date 17/1/2008 4:15:36 PM