UK CARE HOME INVESTMENT. 8% NET p.a. assured for 10 years Fully-Managed and Hands-Off Investment Buyback option in place

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1 UK CARE HOME INVESTMENT 8% NET p.a. assured for 10 years Fully-Managed and Hands-Off Investment Buyback option in place

2 Income From Property Investment Income Generating Property Assets This care home project Greetland Retreat, is a dedicated non-traditional property investment product designed to meet the needs of today s astute real estate investor to provide solid rental income and sound resale and exit options. Income Generating Property Assets (IGPA s) such as the rooms in this property development are widely regarded as first-class turnkey property investment products, and are increasingly popular with property investors seeking to increase the rate of return they can achieve on their money. This UK Care Home Project will deliver assured fixed incomes of 8% for the first 10 years of operation and provide for a buyback option. This provides owners in the project with ongoing rental income and upside potential from the sale of the asset. Income Generating Assets (IGA s) are widely regarded as first-class turnkey investment products and are increasingly popular to investors seeking to increase the purchasing power of their money. 02 Income Generating Assets Key asset class 2013 First class turnkey investment Hands-off investment Low-risk Buyback option

3 How do I gain return on my capital? Summary The project Greetland Retreats has been designed to offer a low risk and profitable venture, engineered for investors. Property investors can purchase a specialist care suite which is leased back to an established care home operating company and in turn they are paid an agreed amount of the net operational income based on the performance of the individually purchased care suite. The fully managed turnkey nature of the property allows investors a hands off approach whilst taking advantage of excellent rental returns and forecasted capital appreciation through the planned exit from year 3 onwards. This UK Care Home Exclusive provides investors a low entry level into the highly profitable specialist dementia and nursing care sector and as an asset class has seldom been available to individual investors. 03 We have to face facts. As a society, dementia is one of the biggest threats we will face in the 21st century. It will affect us all - whether it s someone we know, someone we care for, or even ourselves. Health Secretary Jeremy Hunt, Oct 2012 The concept behind the ownership here is simple SECURED INCOME - 8% NET returns per annum - Assured for 10 years TURNKEY SOLUTION - Fully furnished to a high specification - Care Operating Company manages and markets room on your behalf EXCELLENT RETURNS - 6% interest paid on deposited funds (during construction) - Returns paid annually from completion at 8% Per annum

4 The UK Care Home Market A Primary Asset Class The healthcare property industry remains largely immune to volatile economic conditions, largely due to the fact that care-home spending is categorised as non-discretionary, i.e. essential, and is in contrast to a time when disposable income is at a low, and discretionary spending on non-essentials, is contracting accordingly. With an ageing population and rising non-discretionary consumer spending, institutional investors, including banks, hedge and pension funds and family offices are increasingly interested in funding and purchasing assets of this kind as they deliver robust, long-term, low-risk income streams. This development is unique in that the cares suites in the project are available to individual investors offering property investors a excellent opportunity. Risk Profile - Low Growing demand and expenditure outstripping current supply Demand fuelled by older care facilities and homes closing for failure to meet EU legislation Widespread shortage of specialist dementia and nursing care facilities Bad debts virtually non-existent in the sector Competition limited Long-term occupants leading to better security of return Income streams from efficient asset management 04 UK Care Home Occupancy Rates 89.9% 89.9% occupancy rate recorded in specialist care home in H2, 2012 (Colliers International Care Home Review Spring 2013) UK Care Home Weekly Fees Specialist care homes evidenced an increase in average fees of more than 2%, reaching 1,462 per resident per week. Supply and Demand At the heart of the care home market s appeal is the current imbalance between the supply of adequate accommodation compliant with EU legislation and the demand for bed spaces. The Office of Fair Trading (OFT) suggest that the demand for care will increase by 150% within the next 14 years where the current position only caters for 1 bed for every 4 people of the age of 80. The Office for National Statistics (ONS) has stated that the population of the UK is ageing. Over the last 25 years, the percentage of the population aged 65 and over increased from 15% in 1985 to 17% in 2010, an increase of 1.7 million people. This trend is projected to continue. By 2035, 23% of the population is projected to be aged 65 and over, thus placing increasing pressure on available high quality specialist dementia and nursing care.

5 INTRODUCING Fully managed by Greetland Retreats Specialist Care Home 05

6 The Opportunity Greetlands Care Home Greetland Retreat is an exciting new UK Care Home project and provides individual property investors the opportunity to enter this lucrative sector at an affordable level. Greetland Retreat aims to be ranked in the highest level of care quality facilities in the UK, specialising in nursing and dementia care and providing 65 beds. The building is set over 3,000sq.m and various decked and lawned areas have been created to provide a tranquil backdrop for relaxing and recreational activities. 06 Fully-managed UK Care Home suite ownership 8% NET per annum PROPERTY ASSET Assured for 10 years INCOME GENERATING Providing care homes for the elderly and disabled should offer one of the safest investments on the stock market. Local authorities pick up the bill and there is never any shortage of people needing a bed. - The Independent Ownership Highlights Fully Managed Returns Specialist Residential Care Home based in West Yorkshire Limited availability 65 specialist care suites available 8% NET per annum assured for 10 years Invest from 79,950 Fully managed and operated by specialist care company with exemplary track record 6% Interest paid on deposited funds Experienced developer State-of-the-art specialist care facilities Optional buyback from year 3 onwards This property opportunity is income generating from day 1 with interest paid on clients deposited funds, upon completion the suites will deliver 8% annual NET returns, assured for 10 years.

7 The Location Halifax, West Yorkshire West End Golf Course Halifax Greetland Retreat is located in West Yorkshire, 3.1 miles south of Halifax Town Centre. Albert Reservoir Greetland Retreats Analysis of the area s population produced by BNP Paribas indicates that within a 10- mile radius of the subject site, there are approximately 42,581 persons who are over the age of 65, representing 15.2% of the population. A58 Greetland Retreats A58 A629 Halifax Station A6142 Elderly persons over the age of 75 represent 7.3% of the total population. The population aged 85 years and over amounts to 5,697 persons. River Calder Sowerby Bridge Station A6026 A646 The Calderdale Royal Hospital The number of nursing home beds within a 5-mile radius reflects one bed for every 4.5 persons over the age of 85. Sought after location 07 Greetland Retreat is therefore perfectly situated to capitalise on the shortage of high quality specialist dementia and nursing care in the immediate area surrounding this care home.

8 Ease of Purchase Financial Breakdown Each care suite shall be sold on a long leasehold basis for a period of 125 years for the price of 79,950 Choose your property and pay 5,000 reservation fee The Solicitors will assist the purchaser through to exchange of contract (within 28 days)* 50% of the purchase price is required to exchange at contract, less the reservation fee = 39,975 25% is payable on foundations or after six months whichever sooner = 19, % due on completion = 19, LIMITED AVAILABILITY En-suite rooms available from 79,950 *A TEAM OF COMMERCIAL SOLICITORS, EXPERIENCED IN THE CARE HOME INVESTMENT SECTOR HAVE BEEN APPOINTED TO ACT ON THE INVESTORS BEHALF. RETURNS NET INCOME 6,396 PER ANNUM MODERN EN-SUITE ROOMS DELIVERED FULLY FURNISHED PURCHASE PRICE 79,950 FULLY-MANAGED OPPORTUNITY NET YIELD 8% ( 6,396 PER ANNUM) ASSURED FOR 10 YEARS 8% NET RETURNS ASSURED 08

9 Specification Highest level of care quality facilities Specialist care suites featuring en-suite bathrooms Fully furnished with specialist beds, bedside table with drawers, dressing table, wardrobe, carpet and curtains Nurse call system for 24 hour care Communal facilities includes a restaurant, coffee shop, dining rooms and a hair salon 24 hour CCTV monitoring system Each property has a flat screen HD TV and high speed internet connection Lift access to each floor Landscaped garden and outside decking area with chairs and tables 09

10 Managing your Care Suite Seabank Care Ltd. Your Exit Strategy Exit available from year 3 onwards Greetland Retreat, in its entirety, will be managed and leased back to a well-established care operating company as a specialist nursing care home. The developer has the option to buyback the care suites between years 3 to 6 at a 10% uplift or years 7-10 at a 15% uplift on the purchase price. Seabank Care Ltd. has been appointed as the care operator of this development. The Company s experienced management team and fully trained staff will help ensure that patients receive the highest quality care at all times. Seabank Care Ltd. currently operates two specialist care homes in Scotland which are dedicated to the wellbeing of its elderly residents in need of care. Both care homes are regulated and registered with The Care Inspectorate and are both members of Scottish Care. Our aim is to ensure quality care for our residents at all times - Seabank Care Ltd Alternatively the investor can choose to sell the room on the open market at any time, at the same prevailing market valuation. Healthcare property is an established market which delivers a robust long-term, low-risk income stream. A NET yield of 8% will provide excellent resale potential into the future especially once the home has built up a trading history. 10 Healthcare is a growing market across the developing and the developed worlds and the UK is no exception. Population growth, an ageing population profile and lifestyle factors all lead to increased demand for healthcare services. - CBRE Independent Valuation Greetland Retreat has been independently appraised and valued by BNP Paribas, who have provided the evidence for the values of the rooms and established the business model that is at the core of the returns forecasted.

11 Your Security Securing your Funds Excellent Returns Hassle Free Ownership IS THE SALE HANDLED BY UK LAWYERS? Yes. A team of commercial solicitors, experienced in the UK buy-to-let property sector, have been appointed to act on the behalf of investors. IS INTEREST PAID ON MY FUNDS DURING CONSTRUCTION? Yes. 6% interest will be paid during the construction phase on all funds deposited by clients. WHO WILL MANAGE MY INVESTMENT? All units within the development will be managed by a well- established property Management Company who will market and manage your property on your behalf to provide you with hassle-free returns. CAN I SELL MY UNIT/S AT ANY TIME? Investors are permitted to sell at any time after exchange of contracts. IS THERE A RENTAL ASSURANCE? Yes. The first 10 years are assured at 8% NET. WHEN IS MY RENTAL INCOME PAID? Rental income is paid annually direct to your chosen bank account. AS A NON-RESIDENT IN THE UK AM I TAXED ON THIS INCOME? If you are a UK resident then yes you will be subject to tax. If you are a non-resident in the UK then you are classed as an overseas landlord and may apply to HMRC in the UK for exemption - the appointed solicitor can assist investors with this. The independent sector s dominant share in care homes for the elderly makes this area by far the largest single segment of the independent health and care services market with an annualised value of 13.4bn, - Laing s healthcare Market Review 11

12 Further Information Reserving a specialist care suite This report provides a valuable insight into purchasing a suite within the Greetland Retreat and incorporates additional information on the profitable UK care home sector. Please contact your dedicated consultant to discuss the project further and to request the following: Investing with your Pension? If you are a UK tax payer you can invest into this Care Home using a SSAS providing additional tax advantages over direct investment. If you believe that this may be of interst to you for further details please ask your consultant. Availability Architectural floor plans Process for Reserving a unit 12 I am determined to protect the core principles of the NHS that everyone can access the healthcare they need regardless of their wealth. This will require protected funding and new world class facilities across every sector of care. - David Cameron, UK Prime Minister

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