Our services are used by specialist property managers seeking a collective investment ‘wrapper’ or bond-financing to raise funding for new ventures.
Real Estate Associates Ltd is regulated by the Financial Conduct Authority with authorisation to establish, operate and wind-up collective investment schemes.
Several of our schemes are classified as 'unregulated collective investment schemes' which cannot be marketed in the UK to members of the public, generally. Full details are available to persons authorised under the Financial Services and Markets Act ("FSMA") to carry on investment business, and to certain categories of investor to whom unregulated collective investment schemes can be marketed without contravening the FSMA. Details of current syndication offerings are available by contacting Ian Dowson or Alan Bate for a confidential preliminary discussion.
Information on current bond offerings can be viewed on the Real Bond website.
Guideline valuations for existing investors are available here.
Region: South Esat
The scheme provides semi-annual returns of up to 7.29% per annum from 2 to 5 years, secured on UK proeprty with maximum 75% loan-to-value ratio.
This bond issued by Dekra London plc provided finance to develop luxury penthouse apartments in St. John's Wood. The 5-year arrangement bore an 8% per annum coupon. The arrangement is now closed.
Region: East Midlands
The fund held a freehold, purpose-built car showroom and workshop on Riverside Business Park, Northampton’s principal motor dealership location containing ten separate modern showrooms and substantial retail warehousing. The arrangement is now closed.
Region: South East
The fund holds the freehold of two adjoining offices in Theale, near M4 junction 12 at Reading.
Region: South East
The bond financed a developer of modestly-priced housing in SE England, producing a coupon of 6.75% over its term which has now closed.
Region: East Lothian, Scotland
Golf Coast plc operate the existing Whitekirk Golf and Leisure Club where development is underway to create an adjoining hotel and related golf facilities. The bond bears an 8% per annum coupon until 2019.
Region: South East
This Fund was oversubscribed after a one-month offering and was established to invest in this freehold office building prominently located close to the centre of Andover, Hampshire. At Fund maturity the property was sold to the tenant, Be Wiser Insurance, enabling a cash distribution of capital and profits to be made to the investors.
Region: South East
The fund was established in November 2004 to invest in a freehold restaurant/retail investment in central Leatherhead, Surrey.
Region: London Docklands
This innovative fund, believed to be the first post A-Day residential investment fund available to SIPPs, has assembled a portfolio of residential properties let on Assured Shorthold Tenancies to young professionals working in Canary Wharf and the City.
Region: South & East London
The second fund in the UrbanShare series adopts a similar theme to its predecessor offering convenient, competitively-priced rooms for young professionals and students over a wider area of London.
Sector: Short-term lending
Region: South East UK
Launched in April 2011, the fund fulfils the role previously adopted by high-street banks in providing finance for experienced property developers and other borrowers with suitable property security, through loans for a maximum term of 6 months, via a simple and rapid application process managed by the experienced team at Paxton Private Finance LLP.
Region: South West UK
The fund was launched in September 2007 using £30m of equity from three company pension schemes. Student letting specialists CampbellProperty provide access to the student housing sector for larger investors in Exeter, Portsmouth and Cardiff.
Since launch in 2009 the fund has exploited its position as a ready buyer to acquire a portfolio of London apartments at prices significantly below the anticipated individual sale prices. During the life of the fund it has increased revenues through property improvements and effective marketing to tenants.
The table provides guides to calculating the approximate value of your holding. Please read the important notes below before using the table. This service covers only a selection of REAL funds. If your fund is not shown, please contact us for further information.
Guide Value per £1 holding at par value
Assessment date (see Note 1)
|CampbellProperty Student Accommodation Investment Fund (Birmingham) LP||£0.175||05 Apr 2016|
|The Dekra London Bond||£0 (Closed)||05 Apr 2016|
|The Golf Coast Bond||£1.000||05 Apr 2017|
|Mission London Residential Investment Fund LP (Capital)||£0.448||05 Jan 2017|
|Mission London Residential Investment Fund LP (Income)||Call for latest valuation|
|Mission London Residential Investment Exempt Property Unit Trust (Capital)||£0.448||05 Jan 2017|
|Mission London Residential Investment Exempt Property Unit Trust (Income)||Call for latest valuation|
|Paxton Secured Income Fund LP||£1.000||05 Apr 2017|
|Paxton Secured Income Fund Exempt Unit Trust||£1.000||05 Apr 2017|
|REAL (CampbellProperty Birmingham) Property Trust||£0.175||05 Apr 2016|
|REAL Capital Bond ISIN GB00BYZ7V443||£1.000||01 Aug 2017|
|REAL (Northampton) Property Trust||£0 (Closed)||05 Apr 2016|
|REAL (Theale) Property Trust||£0.579||31 Mar 2017|
|REAL (UrbanShare) Property Trust||£1.498||05 Apr 2017|
|REAL (UrbanShare Opportunity) Property Trust||£1.799||05 Apr 2017|
|Real Estate Associates (Andover) LP||£0 (Closed)||20 Aug 2014|
|Real Estate Associates (Leatherhead) LP||£0.969||31 Oct 2016|
|Real Estate Associates (Northampton) LP||£0 (Closed)||05 Apr 2016|
|Real Estate Associates (Theale) LP||£0.579||31 Mar 2017|
|REAL Income Bond ISIN GB00BYZ7V336||£1.000||01 Aug 2017|
|The Regal Green Homes Bond||£0 (Closed)||31 Jan 2016|
|UK Bridging Finance Fund LP||£0 (Closed)||30 Apr 2013|
|UK Bridging Finance Fund Exempt Unit Trust||£0 (Closed)||30 Apr 2013|
|UrbanShare Residential Investment Fund LP||£1.498||05 Apr 2017|
|UrbanShare Opportunity Fund LP||£1.799||05 Apr 2017|
Investor A holds equity participations in Example LP which, at launch, were issued at a par value of £50,000. The current guide value per £1 is £1.09. The current guide value of Investor A’s holding is 50,000 x £1.09 = £54,500.
Investor B holds units in Example Property Trust which, at launch, were issued at a par value of £12,500. The current guide value per £1 is £1.18. The current guide value of Investor B’s holding is 12,500 x £1.18 = £14,750.
1) The frequency of valuation assessments varies according to the nature of the scheme and market conditions. For example, some schemes require only annual or triennial revaluations of underlying property assets, in which case the guide value may involve elements of market indexation or other adjustments, on a monthly, quarterly or annual basis.
2) Some schemes administered by REAL do not appear in the list where the scheme is held by a small number of investors, or where revaluation requests are expected infrequently. Please contact us for information on any schemes not listed above.
3) The guide valuation reflects a ‘going concern’ basis with a premium or discount to the net asset value of the underlying property holding arising, for example, if a scheme has fixed borrowings at interest rates different from current rates; reflecting expected performance of a scheme for the remainder of the investment term; where evidence of pricing has been created through a recent transfer of holdings; or where an initial offering is underway.
4) The guide valuations are provided for the convenience of existing investors to assess the approximate value of their holdings. They are not binding on investors wishing to buy or sell investments and any transaction pricing must be at a price agreed between the parties. The cost of effecting any such transaction is not reflected in these guide valuations. Please note that neither the funds nor their administrators are required to redeem investments.
5) The guide values are supplied by Real Estate Associates (GP) Ltd. None of Real Estate Associates (GP) Ltd, the funds nor any of the administrators accept responsibility for losses incurred by any party through reliance on these guide values. Users of this information acknowledge that detailed information is available on request from Real Estate Associates (GP) Ltd to enable them to formulate their own opinion of value.