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MWM Real Estate Group Limited (“the Company”) is a private closed-ended mutual fund company based in the British Virgin Islands (“the BVI”) that provides an avenue for portfolio investment in select prime real estate properties in the BVI and the wider Caribbean.
 As the Company operates and administers a close-ended fund, it is not regulated by the BVI Mutual Funds Act, 1996 (as amended) and accordingly it is not subject to the supervision of the BVI Financial Services Commission.
Investment Objective: The investment objective of the Company is to seek over the medium to long term substantial capital appreciation (a minimum gross return of 8% per year) through investments mainly in a diversified portfolio composed of commercial and residential real properties principally located in the BVI. There can be no assurance that the Company will achieve its objective.
Offering: A private placement with institutional investors and private individuals in the BVI and in certain foreign countries (with the exception of the USA in particular). Up to 9,000,000 registered Incentive Shares of the Company, with a nominal value of USD $ 0.01 each (the "Offered Shares") are being offered.
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Document Downloads: Click On The Images Below To Download Adobe Acrobat PDF Copies Of The Fund Prospectus, Subscription Documents And A Profile On Our Alliance Partners
The Prospectus |
The Subscription Documents |
Our Alliance Partners |
Offering Size: The Company is seeking capital subscriptions aggregating a minimum USD$100 Million primarily from sophisticated unaffiliated investors, both private and corporate.
Minimum Subscription: The minimum Subscription will be One Hundred Thousand United States Dollars (USD$100,000.00). The directors of the Company reserve the right to accept Subscriptions of lesser amounts at their discretion. The Offered Shares are denominated in United States dollars but settlement will be accepted in any freely convertible currency.
Closings: The Company intends to hold an initial closing upon receiving investor Subscriptions which is estimated to be at least Fifty Million United States Dollars (USD$50,000,000.00). Additional shareholders may be admitted at subsequent closings at the discretion of the Directors after the initial closing.
Drawdowns: Generally subscriptions will be drawn down as needed to complete real estate investments or to provide for expenses of the Company, with a minimum of twenty-one (21) days prior written notice. The first capital call will be applied to make a qualifying real estate investment in accordance with the investment guidelines. The Company reserves the right to draw down the entire amount of a subscription with a minimum twenty-one (21) days prior written notice.
Subscription Period: The Subscription Period shall run until such time as the Directors may determine.
Listing: Shares will not be listed on any Stock Exchange
Sales Restrictions: In particular USA, U.S. persons, United Kingdom, The Netherlands
Governing Law / Jurisdiction: British Virgin Islands
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