Sycamore V Exempt Property Unit Trust
Fund Closed for Investment
| Term of Fund | 7 Years with 2 years for disposal of assets |
| Date of Launch | December 2010 |
| Structure | Alternative Close Ended Limited Property Partnership |
| Fund Size | £10m |
| Minimum Investment | £10,000 |
| Target Return | 22.5% pa, 10% Hurdle Rate |
| Distribution Points | Significant Distributions after years 3, 5 and 7 |
| Operator | Gallium Fund Solutions Limited |
PM Asset Management (Fund V) Ltd is pleased to launch the Sycamore V Property Development Fund offering a similar investment opportunity to the Sycamore II Property Development Fund.
The Asset Manager will create a portfolio of projects through the acquisition and development of a number of sites. All sites that are acquired by the Fund with planning permission in place, will be developed. Where sites are purchased without planning permission in place, planning permission will be sought for residential, commercial or leisure usage as appropriate. The site will then be sold or developed, with a view to sale after development, whichever, in the opinion of the Asset Manager, is in the best interests of the Fund.
The Sycamore V Exempt Property Unit Trust provides an opportunity for Investors to invest into the Sycamore V Property Development Fund Limited Partnership. The Fund will in turn purchase a range of Projects in the UK comprising of residential developments with planning permission already in place and land sites with an identified development potential.
For private investors, companies or trusts: Participations in the Limited Partnership are offered pursuant to a separate information memorandum. Please refer to the Sycamore V Property Development Fund LP