Guaranteed return with certain operators averaging 8.28% for the first 5 years
Purchase your very own car parking space.
Park and earn
- Purchase a 99 year individual lease on a car park space
- Investment from £27,000
- Circa 26% discount from commercial valuation
- A combined yield in excess of 40% over 5 years – subject to your choice of operator
- Various structured exit routes in place
- Option for guaranteed returns with certain operators
- 5 year guarantee return with an average of 8.28% available
- Your choice of operators to assist with rental or opt to rent out yourself
- Backed by Trustee Heritage
- Spaces are underneath offices providing a fixed client base.
- Investment suitable for cash and private pension – subject to choice of operator
What is the investment?
The investment is a car park in a commercial city centre building. You may choose the operator of your investment.
How is the space managed?
You may choose the operator dependant on your requirement. Major operators include TPS, ACI and Opaque
Do I actually own the car park space?
A 99 year renewable lease is what is purchased by the investor – so yes, you do own the car park space.
Why should I invest in a car park instead of a “normal” property?
There is quite a lot of research that says that car park spaces are a better investment. Ask yourself the question “did you ever see the price of parking go down?”. This is because the supply and demand on car parks is not as fluid as larger priced property items. The key with any property is the location and all of our car parks are in commercial buildings where people will drive to work. As such, the companies are in prime locations.
Where are the car parks?
The car parks are all part of large office buildings in UAE city centres. All of the commercial towers are in Business Bay which is a new business zone very close to the DIFC (Dubai International Finance Centre). The area will house many new businesses that are finance based. Any area needs to be regarded as a CBD (central business district) and is not a commercial tower in any suburb etc. It has regularly been described as the “Canary Wharf” of Dubai.
What happens after 5 years?
Some operators offer a fixed term guaranteed income. At this time the space is yours to do as you wish, however there are a few options:
- Sell back to freeholder
- Sell on open market
- Use the operator to sell to one of the tenants/owners of the offices
- Retain for yield generated by the space
Car Parks in the news
For more information or to request a brochure, please contact us