This website is not a financial promotion. Promotional documentation will only be sent to applicants who meet the admission criteria and have self certified as a high net worth individual or sophisticated investor under the Financial Services and Markets ACT 2000 (Financial Promotion) Order 2005.

Properties shown are under negotiation and are subject to contract.

This document should be read together with the Private Placement Memorandum ("PPM") issued by the Property Company on or about 7 June 2007. The PPM should be regarded as forming part of this document. The Property Company's portfolio is subject to normal market fluctuations as well as the risks set out in the PPM and those inherent in the properties in which the Property Company will invest and there can be no assurance that appreciation of the Property Company's assets will occur or that losses will not be realised. The value of shares in the Property Company and the value of the Property Company's investments will be subject to movements and may fall as well as rise. Investment in shares in the Property Company ("A shares") should be considered speculative and suitable only for persons who can assume the risk of loss. Each prospective investor should consult his own professional advisers as to (a) the legal requirements within the country of his for the purchase, holding or disposal of A shares, (b) any foreign exchange restrictions that may be relevant to him (c) the tax consequences that may be relevant to the purchase, holding or disposal of participation shares in the Property Company and (d) the suitability of an investment in the Property Company so far as it relates to his financial circumstances. Past performance of similar investments is not necessarily a guide to future performance of the Property Company's investments.