New offering launched for US investors seeking to access UK real estate market Seventy Ninth USA One is the first offering in the US from the Seventy Ninth Group
Southport, UK
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February 23, 2023 08:00 AM Eastern Standard Time
The UK-based Seventy Ninth Group has launched a new offering for accredited investors [1] in the US to access the UK real estate market.
Seventy Ninth USA One is a new offering launched by the Seventy Ninth Group, and is the first US venture from the asset management specialist, whose directors have over 30 years of experience in the UK property market. The offering will specialise in the purchase and redevelopment of undervalued assets, across a variety of real estate projects, and will enable accredited investors from the US to have ‘hands-off’ access to lucrative UK property investments.
The investment objective is to achieve capital growth and/or rental income by investing in and developing property across residential, commercial and leisure assets. Seventy Ninth USA One has a maximum aggregate amount of $20,000,000.00.
This move into US markets is a significant next step in the international growth of the UK-based firm, which over the last 12 months has seen their workforce more than double, substantially increased the number of investors under their management, as well as open a new office in Dubai to further strengthen their international presence.
Jake Webster, Managing Director of the Seventy Ninth Group, explains, “Over the last two years, the Seventy Ninth Group has continued to build its relationships with existing and new partners, such as private and commercial banks, administrators and insolvency practitioners to secure a vast array of profitable opportunities in the UK real estate market.
“These projects have ranged from single unit refurbishment projects to multiple unit developments in a variety of areas of the UK real estate sector. The projects have been exclusively presented to us by our relationships, in which we intend to capitalise upon with our stakeholders. This launch offers US investors a brilliant opportunity to open up their portfolio to the thriving UK real estate market.”
The Webster family, owners of the Seventy Ninth Group, has been successfully creating value in the UK property market since 1985, by acquiring, managing and developing multiple property assets, ranging from the refurbishment of single terraced houses to the development of gateway development schemes. They are trusted by over one thousand private and institutional investors from over twenty-five jurisdictions who see The Seventy Ninth Group as a cornerstone of their investment portfolio.
[1] All investors who are verified as accredited investors under Rule 501 of Regulation D of the Securities Act of 1993 are eligible to invest in this product. Additionally, this investment is available for investors who wish to use an IRA; supplemental information about this can be provided upon request.
ENDS
About Seventy Ninth USA One
Seventy Ninth USA One is an offering from the Seventy Ninth Group, an award-winning asset management company headquartered in the United Kingdom with over thirty years’ experience in the real estate sector. The Seventy Ninth Group is renowned for its unique business model of capitalising within undervalued markets, which subsequently thrives throughout periods of economic uncertainty and market turmoil.
For further information, visit www.the79thgroup.co.uk
Notes to Editors
About The Seventy Ninth Group
The Seventy Ninth Group is an award-winning asset management company headquartered in the United Kingdom. Founded by serial entrepreneur David Webster and his sons, Jake and Curtis Webster. The Seventy Ninth Group holds a unique and advantageous position in both the real estate and natural resource sectors, specialising in the acquisition, management and development of lucrative assets during times of economic turmoil and uncertainty.
A family-owned business, the Seventy Ninth Group is chaired by David and his sons, Jake and Curtis, along with an experienced board of directors most of whom derive from a banking & compliance background. The Seventy Ninth Group is renowned for its strong family values of loyalty, honesty, and reliability, and is respected by their clients globally.
Alongside the Seventy Ninth Group the Webster family provides a series of niche offerings within the real estate industry, consisting of:
Seventy Ninth™ Luxury Living
A real estate acquisition and development offering from the Seventy Ninth Group which operates in the UK property market, predominantly focused on the acquisition and development of undervalued assets in areas of substantial long term growth and rental demand.
Seventy Ninth™ Commercial
A commercial property offering which was launched in 2021 and is dedicated to the acquisition, renovation and management of commercial office assets across the United Kingdom
Seventy Ninth™ Private Equity Fund
A private equity fund domiciled and headquartered in Gibraltar, a British Overseas Territory. The PEF is authorised and regulated by the Gibraltar Financial Services Commission (GFSC).
Seventy Ninth™ Global
A Capital Markets branch of the company, located in the United Kingdom & the United Arab Emirates, with plans to expand partner offices in over twenty other countries.
Seventy Ninth™ Resources
Seventy Ninth Resources, based in the Republic of Guinea, is the natural resources arm of the company with a series of natural resources concessions that include gold, bauxite, iron ore and diamonds.
Seventy Ninth™ Global DMCC
Seventy Ninth Global DMCC is a private offering that is available to partners who have an understanding of, and interest in, the commodities world and who are seeking to grow their portfolios within the natural resources sector.
Contact Details
Media Enquiries:
Liam Britnell
Company Website
