Monthly Archives - June 2016

Subscriptions invested in first transaction

Initial subscriptions for the REAL Bonds have been deployed within a week of receipt. The first closing produced £250,000 of subscriptions which have been invested in a loan maturing in October 2016. The loan is secured by a first charge over residential property and land in Hampshire, at an attractively low 26% loan-to-value ratio. REAL’s director Alan Bate said, “The deal substantiates the viability of our model as the interest rate and other terms are all fully within the mandate outlined [...]

First close nets £250,000 for REAL Bonds

A quarter-million pounds of subscriptions for REAL Bonds have been received within a fortnight of the offering being launched. REAL’s director Alan Bate said, “This is an encouraging start showing the current appetite for investments like the Bonds which pay regular interest.” REAL Income Bonds and REAL Capital Bonds provide a choice of terms from two to five years producing interest of 4% to 7.29% per annum. Investments will be used to make short-term loans to property developers, to participate in [...]