Jaevee achieves returns of 55% to equity shareholder investors
Last updated 6th September 2021 • JaeVee Marketing • JaeVee
Despite the challenges of Brexit and Covid-19, JaeVee has recently achieved a return on investment to investors, which was net of corporation tax of 55% for a Purpose Built Student Accommodation Block (PBSA) in Norwich, UK.
The development involved the conversion of a former public house and ground-up development in the car park and land to the rear of the site into 34 ensuite rooms with communal areas.
The property was acquired as a pub with JaeVee achieving planning permission via a drawn out process. Construction eventually began in late 2018 with the development being handed over to residents in Sep 2020.
In total, from start to finish, the turnaround time from investment of capital to the project exit was 24 months working out to an annualized yield of 27.50%.
During this time everything was rather uncertain in the world however JaeVee managed to not only provide but gain their investors an ROI of 55%.
Such an annualized return on capital is difficult for investors to achieve via other instruments such as bonds, stocks, peer-to-peer and traditional buy-to-let investments.
Find out more about investing in some of JaeVee's current projects.
Capital is at risk. Past performance is not a guarantee of future performance. You should read the full risk warnings before making any investment. Nothing in this blog should be construed as investment advice.
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