Savers aren't getting anything out of interest rates at the moment and stable, capital purchases like land with a high future resell value can provide people with exactly the kind of vehicle they need right now for their money.
(PRWeb UK) April 27, 2010
Asset Land Inc, the United Kingdom based land sales and investment company, have seen a surge in quarter one sales for 2010. Having sold out their Lutterworth development earlier last year their new project at Newbury is surpassing all expectations.
Despite ongoing market instability and the uncertainty over the UK election outcome land appears to have regained its popularity amongst investors. Asset Land Inc. spokesman Stuart Bowen explains: "The main driving factor for overseas investors buying into the UK market has been the relative weakness of Sterling against the Euro. Investing in UK land is very popular right now and the excellent opportunities provided by our well researched land portfolio look very attractive."
Newbury, with a population of 32,000, is an interesting location for Asset's land sales. It is well supported by several other local investments and developments including the new expansion of the racetrack. Located within easy reach of the M4 motorway and with direct rail links to London Paddington it is an ideally suited town both for both logistic companies and commuters. As an affluent area of the South-East England, Newbury is a well regarded and economically stable part of the country.
Asset Land are hoping that this strong product will help them grow into Q2 and Q3: "Our predictions for growth are good for the next three quarters. With the credit crunch over and recovery well under way, while it certainly is not boom time, there is no doubt that strong growth potential is there. Savers aren't getting anything out of interest rates at the moment and stable, capital purchases like land with a high future resell value can provide people with exactly the kind of vehicle they need right now for their money."
Asset Land's Newbury product is called "The Chase" and you can find more information about Newbury and Asset Land's worldwide sales here, or you can follow Asset Land on Twitter http://twitter.com/assetland.
# # #