LPS are pleased to confirm that we completed the land purchase at Egstow Park, Clay Cross, Derbyshire on Tuesday 30th June. LPS are pleased to confirm this is the ninth syndicate scheme under our administration and management.
We can also confirm that contractors are on site and site works underway. The build programme is 30 weeks, taking us to early next year and we will periodically provide updates and photos of the progress over these coming months.
Finally, we want to take this opportunity to thank all investors for their patience. The legal aspect of this purchase did prove to be complex but with all good intentions to protect investor funds as the priority before we did finally complete. We are now pleased to confirm that excellent returns can be achieved at both the initial build stage (in the short term) and practical completion of the build (for the longer term) for investors.
LPS remains very active in acquiring further schemes of this nature and we will therefore keep you informed of future opportunities as they arise.