Scottish Land Investment Opportunities
(
PRLEAP.COM) With the value of land one of the major drivers of the current stock market boom, a Glasgow-based businessman is offering small investors a share in his innovative land bank investment scheme. The unusual project seeks to extract medium-term value from ‘Intelligent Land Investments’ by doing what major housing developers do all the time – purchasing land on a speculative basis in the expectation that, eventually, it will receive planning permission.
The first area of land identified as suitable for this purpose is a 30-acre site at Ramoan Farm, adjacent to the existing village of Glenboig, north of Coatbridge, North Lanarkshire, which would be capable of accommodation 183 housing plots. Currently, it is designated as agricultural green belt land, on which no development is permitted and, for this reason, it has been purchased for a low price. However, with a major new industrial development on its doorstep, and with the local railway link which was closed in the 1960s being re-opened shortly, the location is ideal for both a local workforce and commuters.
Mark Wilson, managing director of Intelligent Land Investments, explained,
http://www.ilandi.co.uk/newsites.html Land investment is by its nature a high-risk adventure with consequent big rewards if it comes off. What we are offering small investors is a chance to benefit directly from such rewards by purchasing shares in the project. But investors must be prepared for the long haul, as no-one can predict when, if ever, planning permission might be granted”.
Private investors are invited to purchase shares in the project in units of £12,000, representing 0.5% of the project. As proof of their own commitment, Intelligent Land Investments is retaining a 20% share in the project. And the appointed architects, GM2, have agreed to take up a parcel of shares in lieu of fees. For more information contact Mark Wilson, Intelligent Land Investments, on 0141 646 2828 or visit
www.ilandi.com
Contact Information
About This News Release
If you have any questions regarding information in these press releases please contact the organization listed in the press release. Issuers of press releases and not PR Leap are solely responsible for the accuracy of the content.