Evanridge Sweden 3 AB (publ): An opportunity to invest in Swedish property

Evanridge are very pleased to announce the release of their latest investment opportunity– an offering of shares in Evanridge Sweden 3 AB (publ), a company incorporated in Sweden. This offering has been structured differently from the predecessor Evanridge funds due to recent legislative changes, but the underlying investment philosophy and objective remains unchanged, namely to provide investors with an attractive rate of return from an investment in carefully selected, pre-let property portfolios in Sweden. The offer is only directed at certain categories of investor, please see important note below.

Key features:

  • Target IRR of 12.20% p.a. assuming an illustrative 7 year term.
  • At the target IRR of 12.20% p.a., a £100,000 investment would grow to £223,849 net of all costs after 7 years.
  • Target fund equity size £5 million (maximum £10 million) by way of subscription for ordinary Shares in the Company
  • Minimum investment £50,000, or, if greater during the period of offer, the £ Sterling equivalent of 50,000 Euros. Joint applications for shareholdings will be accepted.
  • Suitable for SIPPs and SASSs.
  • First close 31st March 2010.

Important note

The offer is directed only to those categories of investor (and their advisers) in the United Kingdom to whom promotion of shares in the Fund may lawfully be directed in accordance with the FSMA 2000 (Financial Promotion) Order 2005 ("FPO"). Broadly, this includes

  • persons receiving this Memorandum outside the UK (subject always to local law); or
  • persons who have professional experience in participating in investments including unquoted investments of the kind to which the Investment Memorandum relates;
  • any "certified sophisticated investor" as defined under paragraph 50 of the FPO who has a current certificate from an FSA authorised and regulated person;
  • persons who qualify as "certified high net worth individuals";
  • persons who qualify as high net worth companies, unincorporated associations, partnerships or trustees of high value trusts (including in the latter case occupational pension schemes) within the meaning of paragraph 49 of the FPO;
  • persons who qualify as "self-certified sophisticated investors" within the meaning of paragraph 50A of the FPO;
  • any other persons to whom communications relating to unregulated collective investment schemes may otherwise lawfully be made pursuant to the FPO.

If you can confirm that you are an eligible investor or advisor in accordance with the above criteria and would like to receive a copy of the Investment Memorandum, please contact a member of Evanridge (details on “Contact Evanridge” page of this website). Should you have any queries or wish to discuss any aspect of the investment further, please contact Nigel Evans at nigel@evanridge.net or telephone 029 2125 1275.

Evanridge Property Partnerships

Evanridge Property Partnerships are Unregulated Collective Investment Schemes and as such any queries regarding the suitability of this collective investment for your investment purposes must be addressed to an FSA regulated adviser as Evanridge Properties cannot advise on the suitability of an investment in an Evanridge Property Partnership on your behalf.

Evanridge Properties is not authorised by the Financial Services Authority to distribute promotional material to persons other than those who are 'qualified' under the Financial Markets and Services Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001, as amended. These exemptions include certified Sophisticated or High Net worth Investors and Investment Professionals, such as financial advisers.

Investors interested in receiving promotional literature on Evanridge Property Partnerships will need to supply Evanridge Properties with a copy of their Sophisticated or High Net Worth Investor certificate, or ask their FSA authorised financial adviser to contact Evanridge Properties on their behalf.

 

Evanridge Swedish Property LLP

A Limited Liability Partnership representing an opportunity to gain exposure to the growth potential of the Swedish Property Market without the time commitment or management issues inherent in a direct property acquisition.

  • Property Type - Mixed Commercial and Residential portfolio
  • Investment term - 7 Year Initial term.
  • Investment Aim - Equity Growth
  • Gearing - 65-85% as applicable
  • Target Return - 12%+ p.a.
  • Generation of Target Return - rental yields paying down debt and property price increases
  • Risk - Low to Medium
  • SIPP/SSAS investment - No
  • Direct Investment - Yes
  • First Close - 10 January 2006

NB - This Partnership is now closed.

Evanridge Swedish Property 2 LP and Exempt Pensions Unit Trust

A Limited Partnership and associated Exempt Pensions Unit Trust which represents a further opportunity from Evanridge Properties to gain exposure to the continued growth potential of the Swedish property market without the time commitment or management issues inherent in a direct property acquisition.

  • Property Type - Mixed Commercial and Residential portfolio
  • Investment term - 6 Year Initial term.
  • Investment Aim - Equity Growth
  • Gearing - 65-85% as applicable
  • Target Return - 12%+ p.a.
  • Generation of Target Return - rental yields paying down debt and property price increases
  • Risk - Low to Medium
  • SIPP/SSAS investment - Yes
  • Direct investment - Yes
  • First Close - 5 April 2007

All enquiries regarding this investment should be sent to nigel@evanridge.net

NB: This partnership is now closed