Residential Property Investment Proposal
Management of the Company
Each Company will be managed by the Board. A range of property
services will be provided by Andrew Reeves Group Companies'
(for details see page 22).
Administrative services will be provided to each of the Companies
by Andrew Reeves Property Ventures Management Limited at a
capped cost of 2% p.a. (plus VAT) of the shareholders' funds
out of which it will discharge all administrative and operating
costs and be responsible for company secretarial services,
maintenance of the share register, preparation of accounts,
shareholder communication and meetings. This ensures that
approximately 98% of shareholders funds raised are invested
in property.
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