Aegis Capital (URBANLIFE Group)
Aegis Capital Partners have exclusively secured a fixed income investment opportunity via a regulated sub fund.
– 12% per annum fixed return
– 18-month investment term
– Invest from $50,000 USD/GBP/EUR/AUD
– 6% interest payments paid 6-monthly
– Invest via a regulated Singapore fund
– Personalised Digital wallet to invest electronically
Aegis Capital aim to raise $30 AUD million for URBANLIFE GROUP, a property developer located in Melbourne, the funds will be utalised for the early works construction which will form a vital part of the pathway to expedite the development of a portfolio of Retirement Villages.
This becomes the first stage of the funding program for completion of the Urban Life Group projects.
Work includes site preparation, some of the foundation work and other working capital requirements to commence construction.
URBANLIFE Group Australia has been set up by Mr. Dale Harrison and is supported by a group of other interested investor / participants to take advantage of the under-supplied retirement market in Australia. URBANLIFE has been established as a unit trust which is made up of 100 million – $1.00 units. URBANLIFE Holdings is a 100% owned subsidiary of URBANLIFE and holds all the properties to be developed.
The first of these projects will be at Nicholson Street Footscray, where Urban Life will be building and operating a vertical retirement village with approximately 225 units of 2- & 3-bedroom independent living apartments and approximately 1 acre of commercial precinct on the ground floor. The retirement village and asset will be retained by the group to take advantage of the deferred management fees, upfront management fees, capital growth and various other incentives as they become available.