With the extent of financial borrowing being greater than ever before, the role of Fund Monitor has emerged as an essential component in the protection of a funders interests in property development or investment.
Key characteristics include:
- Specialist service provided by experienced Fund Monitors who understand banking culture.
- Currently monitoring over 100 live projects.
- Total value of projects being monitored circa £600,000,000.
- Turnover target for 2007 circa. £500,000.
- Projects range from £100,000 to £175,000,000 total development value.
- Specialist Fund Monitoring staff based in offices in Glasgow and Edinburgh.
- Projects monitored in all market sectors (i.e. commercial, industrial, residential, leisure, retail and healthcare).
- Projects monitored cover the length and breadth of the UK along with various developments in Netherlands and Germany.