Requirements

McKAY SECURITIES PLC REQUIREMENTS (4/10)

McKay is a fully quoted company with REIT status. It specialises in the office and industrial sectors of the South East of England, including central London.

As a developer investor, McKay is particularly interested in acquiring:

new schemes for its development and refurbishment programme that can be implemented over the next three to ten years, and
under-managed properties with rental growth potential.

Funds Available:	Up to £30m from existing facilities with 6 years to maturity.
Sectors:	Offices / Industrial / Mixed.
Locations:	Established centres or good secondary locations with growth potential in central London and South East England.

Development	Value/£million

Opportunities for longer term piecemeal site assembly Sites with or without planning consent	1 - 5

Refurbishment and Redevelopments

Standing investments with either short or medium term comprehensive or rolling refurbishment / redevelopment potential in growth locations	3 - 30

Investments

Existing buildings with active management opportunities Smaller opportunities for site assembly also of interest	3 - 30

Corporate

As a REIT, McKay pays minimal CGT. It can therefore acquire properties held in a corporate structure at a price that discounts inherent CGT. Vendors should therefore benefit from this tax efficient status.

McKay Characteristics

Proven track record PLC and REIT status Secured funds without the need for third party approvals Quick decisions, quick performance and a flexible approach Investors rather than traders in property

Contact
Simon Perkins - 0118 950 2333 scp@mckaysecurities.plc.uk