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Packaged Property Investments Growing Strong |
Packaged Property Investments Growing Strong |
| Written by Luke | |
| Friday, 31 October 2008 | |
|
Packaged Property Investments have had an excellent 2008. Director Matthew Banks talks about the future.
Packaged Property Investments Ltd have had an excellent 2008 securing projects in Poland and the Czech Republic. Despite the difficulties in the financial markets, Director Matthew Banks believes the company is still set for strong growth in 2009. ‘We have broadened our geographical base of developments in Europe. We have moved into second and third tier cities in Poland whilst also entering the Silver Coast in Portugal.’ Despite the difficulty in obtaining finance in the current market he explains why sales for the company have increased for the final quarter of 2008. ‘We pick the right product, at the right price and in excellent locations. We have extremely close relationships with our banking partners and as we secure and sell our projects at excellent prices, our clients have had far fewer difficulties in securing finance than our competitors.’ When quizzed about the direction of the company in the next couple of years he added ‘I see this as an exciting time for the company. We prefer the market to be difficult as it always creates a number of joint venture opportunities in our target cities. I also welcome some realism from local land-owners. We really did forecast the market well and the entry to our current territories seems to have paid off. We have seen a massive increase in the rental market with values holding up extremely well. I can see some buying opportunities coming in the next few months and always look forward to building relationships with our partners worldwide.’’ Packaged Property Investments Ltd is a UK based property investment company that is involved in a number of projects with property in Poland , Czech Republic and Portugal. |
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