More of the same please…
Posted on 24th January 2018 by Adam Mackrell
Wednesday, 24 January 2018
Happy 2018, happy new year one and all.
As I have said many times before our clients, our limited partners are very privileged and lucky to be able to get involved with our fund due to most often considerably hard work that has gone in to putting themselves and often their families in a position to benefit from what we do but also because unfortunately many funds and advisory services do not have their best interests at heart and are often set up in a way where the managers, guardians and advisors receive renumeration that can be significant, no matter the performance. Last year we past the milestone of two million pounds under management, One of the ways we like to show our gratitude and appreciation is to continue to work very hard ourselves for what our partners have already worked very hard for, their money. Upon doing our end of year accounts this month with our trusted partners JCK we are pleased to be in very positive territory (30% + for the year) despite the changes in sentiment and law that have taken place here in the UK and in this sector in the last 36 months.
Another way is that we have been contributing funds from old furniture that has been left behind in the assets we buy, that are re sold on Ebay (see here) to charities for the homeless.
We feel strongly that 2018 is lining up to be the best yet for our partners as we continue to perform strongly, as the market shows very real and strong signs of demand on the rental side and stagnation on the asset cost side, as our relationships with our suppliers and research elements strengthens along with our hand in negotiations. We have a lot to be grateful for and we have a lot to give to all sides of our deals as we grow and progress this year.
Adam Mackrell
Director
Oxford Spires Group