7% Per Annum Property Coupon

7% per annum debenture Stock 2020 (the “Debenture Stock”) trading on the NEX Exchange Growth

Key Highlights

The Directors are of the opinion that the funds raised are sufficient for the Company to carry out its business plan, to identify and carry out due diligence on potential acquisitions and investment targets and to provide working capital for the Company’s initial operations in line with its strategy. The key highlights of the Company include: • Proven management track record of developments in the UK property market. • Appetite for overseas investors into the UK residential property market. • There is high demand for residential market development due to shortages in housing across the UK. • UK mainstream residential property capital values are forecast to rise by 19.3 per cent. over the next five years.

Primary Focus

The Company’s primary focus will be to develop residential property in the United Kingdom, with an initial focus on opportunities in Manchester/North West region of England, where the management team has previous experience in property development, with future expansion plans to include Liverpool, the Midlands and areas within commuting distance of London.

Clearing system

The Company has applied to Euroclear for the Debenture Stock to be issued in connection with this Information Memorandum to be admitted to and enabled through CREST with effect from Admission. Accordingly, settlement of transactions in the Debenture Stock following Admission may take place within CREST if the relevant Debenture holder (“Stockholder”) so wishes. However, if a Stockholder wishes to receive and retain physical bond certificates, he will be able to do so

The Directors remain positive about the current market conditions for property development across the United Kingdom. As an increase in demand drives up property sales, all apartments for Canal Street and Napier Street have now been sold. The projects remain on target for completion. Furthermore, the Directors are projecting improved strong sales both off plan and on the open market to support their expectation of continued growth.