JVAgreement
Home ] Up ] Trade Missions ] Update ] Code of Conduct ] Forms&Reference ] [ JVAgreement ] SBLC Transfers ] Talking Paper ]

 

In summary investors are organized into a Joint Venture. To provide first floor opportunity for investors, the Joint Venture purchase and own the land, and with the help of Alamco and Associates construct the Luxury Apartment Units. Units reserved for the Joint Venture partners are called "Vested" units. Units not vested are sold by Alamco Associates, in behalf of the Joint Venture.

Because if is a ground floor investment based on previous projects, the return is app. 35% which is much higher than the bank interest rate of about 6-7%.