Thursday 29 November 2007

Launch of second syndicated commercial property investement due to high demand

Investing in foreign commercial property is still attractive to Irish investors as Real Estate Alliance and Youngfields OCP launch their second syndicated commercial investment opportunity worth €4.35 million in Sindelfingen, Germany. Sindelfingen is located just outside Stuttgart and the promoters expect that the opportunity will be attractive to investors who want a turn-key geared commercial property with high rental yields from the fully let building. Youngfields OCP and Real Estate Alliance had significant success with their first joint offering in Herrenburg Stuttgart in October of this year. Finbarr Flahive MD of Youngfields was quoted as saying, “We were delighted with the response & support that this offering obtained from the Real Estate Alliance group and we are looking forward to bring more quality commercial investments to the Irish market via the Real Estate Alliance Group.