When a property developer approaches LandDevelop, we start an in-depth assessment of their proposed project. Our qualified and professional chartered surveyors value the Gross Development Value of the property, and make sure the costs are calculated accurately. Based on these figures, we determine the expected gross returns and the total amount that needs to be raised for the complete development of the property.
After carefully scrutinising all the documents and conducting site surveys, we prepare the offering package, which includes information regarding all the necessary legal documents. When everything is in place and ready to be rolled out, we send an advance notice of new projects to all our registered investors to notify when the new offering will go live. Moreover, we inform about the day and time when each of the new offers will be open for investment.
Once the offering is fully funded, we involve solicitors in the process to make sure all the legalities are handled in a timely manner. We also inform investors when the purchase contract will be exchanged and completed. Finally, the title deed is registered under a Special Purpose Vehicle (SPV), and a share certificate is issued to each investor.
From time to time, our in-house project manager visits all the development sites and meets with property developers to get a detailed update on the progress. We keep our investors up–to-date on each project by sending newsletters and monthly reports.
After registering with LandDevelop, investors gain access to open offerings, receive news and updates regarding different investment opportunities, check status of the sites currently under development, and more. Investors are able to view complete information regarding each investment opportunity. They also get all relevant information about the project, the developers, and the development company.
If there is any opportunity that meets an investor’s requirements and interests, they can easily move forward to make an investment. And if that investment and fundraising is successfully completed, they are declared the partial owner of the property which is confirmed via a share certificate.
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