Guaranteed rent for Landlords | Swedish farmers turned fund managers to develop property portfolio by 65%
Guaranteed rent for Landlords – The group of Welsh dairy farmers who turned their own investment success into the worthwhile Swedish property investment fund, Evanridge Properties LLP, announce at this time the acquisition of 152 pupil flats in Trollhättan, voted Sweden’s finest pupil metropolis 2014/2015.
Guaranteed rent for Landlords | Spanning a wide range of properties, from canal-view luxury penthouses to reasonably priced commuter properties, Evanridge’s current property portfolio is valued at over £28 million and each funding fund has delivered returns in excess of 12% per annum.
Sweden’s market conditions had been consistently beneficial over the last decade and the towns they were most drawn to have been present process important infrastructure improvements. Rents in Sweden ship 12 months-on-year reliable and clear returns shielded from boom and bust because they're set by local authorities and inflation-linked. Rent guarantee income
The demand for rental property in Sweden was additionally a draw; 65% of the inhabitants lives in a rented or communally owned property and there continues to be a major under supply of rental accommodation.
Guaranteed rent for Landlords | They constructed a framework of local companions including Swedish banks and property specialists and started amassing a portfolio of 233 residential flats and 9 industrial properties spanning two funds.
The properties are managed on-the-floor by a full time workers in Sweden which implies that the administrators and traders maintain a excessive commonplace of property and tenant, maximise the yield on each property and would possibly set up strong investment alternate options as they arise. Guaranteed rent for Landlords