This week saw the UK launch of CityR, a specialist property investment company, bringing with it the chance for UK investors to benefit from the growth of the US residential property market.
CityR aims to enable British investors to benefit from high yields and capital returns available across the Atlantic through the power of a pooled investment while enjoying the benefits estate registered in their name.
Sophie Carter, Managing Director UK, CityR, said: “In volatile markets, investors have always been reassured by the security that bricks and mortar provide. We believe that the US offers as yet untapped opportunities for UK investors, and the CityR model brings them something that can deliver both income and capital growth.”
Ron Szekely, Partner, CityR, added: “Since today’s market is a global one, there is no reason why British investors should settle for 4-6% annual ROI when greater returns of 10-15% are achievable abroad.”
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