Industry news / 12 January 2017
Crestbridge Managing Director on board of UK’s first property ISA
Paul brings over thirty years’ real estate accounting and tax experience to the board, which includes a number of property experts from the highest levels of the industry.
This week, Bricklane.com launched its first REIT (Real Estate Investment Trust) after securing high-profile investment from Zoopla and prolific venture capitalist Robin Klein. The REIT will invest in properties based in Leeds, Birmingham and Manchester and will allow individuals to invest in the property market with a contribution of as little as £100.The innovative investment gives investors the opportunity to see their savings change in line with property prices, earning them rental income and return on their initial investment.
Paul Windsor commented: “This is an incredibly interesting and exciting product that gives people a unique way of investing in property. I’m delighted to be involved in such an innovative venture, which I think will transform the way in which people get onto the property ladder.”
Crestbridge itself has extensive knowledge of Real Estate assets and provides onshore and offshore administration and accounting services to a wide variety of clients, including real estate institutions, property companies and joint ventures from offices in the Cayman Islands, Jersey, London and Luxembourg.
Our London office offers a highly experienced team of specialists who can take care of every aspect of real estate accounting and administration, enabling clients to focus on their core activity. We have the capacity to deal with a wide range of fund reporting, administration, tax and compliance requirements, including REITs. Please contact one of our real estate experts if you would like more information.