Syndicated Property Investment - Tread Warily

Syndicates, a new way to invest? Well not really, syndicates have been around for decades, but only recently has it become a common vehicle for the 'ordinary investor'. Before this it was a vehicle only applicable in the realms of the Bill Gates' and Warren Buffet's of this world. By an ordinary investor we mean those with 50-100k to invest. OK, so it's not buttons but in terms of property it is not an astronomical amount of money.

The proliferation of syndicates in Ireland over the past five years or so has meant that, as with anything else available in bulk, quality has suffered. Indeed, an investor I met recently visited a seminar by a company purporting to have lined up several properties in Germany for an upcoming syndicate. Unfortunately for the company, the owner of one of the properties was Irish, was present at the seminar and swore blind he had no intention of selling the property in question seeing as he had only bought it six months previously. What are the chances?

It just goes to show, if you are getting involved in a syndicate you need to know that the guys with whom you are getting involved aren't going to pull the wool over your eyes. It is now, more than ever, extremely important to do a certain amount of due diligence on the company, their products and the property they are claiming as part of their proposed fund.

For a full advisory piece on the pros and cons of investing in syndicated property investments have a look at this article.

For a list of general advisory articles on investing abroad click here.

For a list of syndicated investment opportunities click here. If you want to be updated when syndicated opportunities are loaded on the site log in and Save the above search. You will then be emailed every time a syndicated investment opportunity is uploaded to the site.

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