The returns start at 14% and increases to 16%, depending on the amount of units you decide to purchase. It’s a hands-off and hassle free investment that also yields a 25% asset appreciation. If ever there was a good time to invest in New York office space…now would be the time.
The financial benefits of this investment opportunity don’t just stop at with the investor. The office space being offered is rented to co-workers, a fast growing work space and office sharing concept. As noted by the U.S. Bureau of Labour Statistics, when projecting ahead to 2020, “65 million Americans will be freelancers, temps, independent contractors and solopreneurs, making up about 40% of the workforce”.
Although office sharing is not a new concept, what is innovative with these new office spaces is that the tenant gets an all-in fixed fee, meaning no hidden extra charges each month. This means the tenant will get free services like coffee, photocopying, phone, reduced price drinks and much more. If this wasn’t enough, the investor, too, gets a free lifetime membership and can also use the office and conference facilities whenever they want; this will include other venues earmarked for future development such as London.
The U.S Real Estate Investment Market
Investor confidence remains very high in U.S. real estate, and indeed New York in particular, according to a recent study conducted by the Association of Foreign Investors in Real Estate. Of course, investor confidence was low globally in the aftermath of the 2008 financial crises, with about $5 billion worth of investments made in U.S. real estate in 2009; but now the story is very different.
The figures for 2015 have recorded an impressive $87.3 billion worth of investments in U.S real estate, with just over $23.5 billion or 27% of the share being claimed by New York alone, according to data supplied by Real Capital Analytics. Out of the five top global cities listed by AFIRE three were from the U.S. with, naturally, London ranking high also.
If you are interested in finding out more about this great new investment opportunity then visit our website to download our brochure: www.ec1investments.co.uk
