Fund manager London Central Portfolio (LCP) says investors can capitalise on British price movements by buying into its London Central Residential Recovery Fund, which buys prime property in central London and allows investors to participate with a minimum subscription of GBP50,000 (HKS592,182).
Targeting one- and two-bedroom properties to rent to corporate tenants in the prime postcodes of central London, LCP's fund was established to identify bargains and add value through renovation. The fund has already secured six properties in areas such as Notting Hill, Marylebone and Mayfair. It enables investors to use their capital to access this exclusive and profitable marketplace rather than buying properties elsewhere in Britain just because they are cheap.
