Managing Partners Limited (MPL) has revealed it is introducing a fund which intents buying property at a 20% discount on the British property market.
This fund will be known as the British Property Opportunities Fund has been established to offer property development finance for low priced acquisitions in the UK market.
MPL Managing Director Jeremy Leach stated:
Property prices will cool this year, but it is a cyclical market and the British desire to own or invest in property when nothing else offers good value will return.
MPL is one of several recent funds launched in order to pick up property transactions prior to the price increases again.
Other funds are Valad Australian company, which has already started investing in the British property market.
Three offices in central London, five offices in Oxford and retail warehouse in Plymouth are among the deals made by this company.
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