UAE-based High Net Worth Individual invests in discounted commercial building in Manchester, UK – a smart move for savvy investors seeking prime real estate opportunities in a bustling city with growth potential.
The HNWI, who had been actively searching for investment opportunities, came across a large commercial building that was up for sale. The building, located in a prime location, was originally priced high but due to market conditions, the price was reduced to a discounted rate. The HNWI saw this as a great opportunity and made the purchase. The acquisition was a strategic move for the HNWI as the commercial building is expected to generate a significant return on investment. The HNWI was pleased with the purchase and is confident in the long-term success of the investment.
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Location | Manchester, UK |
Market Value | £40,000,000.00 |
Loan Amount | £7,336,343.00 |
Loan-to-Value | 18% |
Duration of Loan | 12 Months |
Payment Schedule | 8 Months Deducted in Advance |
Asset Type | Commercial Property |
Completion Time | 1 Month |