The Property Direct Group Is Opening The Maestro Residential Real Estate Fund in the UK

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Growing Shortage Of UK Housing Attracts Foreign Investment

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Opportunities are never lost. They are taken by others.

The unwelcome news about the shortage of housing and a downturn in construction activity in the UK continues, despite much talk and government efforts to improve the situation. Restrictions of finance available from UK banks and institutions has hindered the progress of builders and developers to produce the volume of new residential properties required, especially “affordable” homes, that are so badly needed in this country.

However, this situation is attracting the attention of some foreign investors, who see growing opportunities for investment in the UK. One of them is the Property Direct Group, who are the sole representatives/partner of The Maestro Residential Real Estate Fund, and have identified the UK as a positive area in which to invest their funds. Based in Paris, they have been investing successfully in residential developments in partnerships with builders in the USA, France, Spain and Scandinavia for many years.

"We can see the need for more funding to UK builders for residential developments," says the group’s spokesperson. "We have allocated an initial sum of £500m for Joint-Venture partnerships with builders throughout the UK to increase the supply of housing. We would prefer to partner in projects for affordable and starter homes which will have the greatest impact on supply, but will consider all residential developments."

In addition to partnerships with builders, the Maestro Fund can assist prospective home-owners too with 100% rent-to-buy "in-house" loans.

http://www.propertydirectgroup.com

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