HAB Land, part of our award-winning HAB family of companies, has publicly launched a brand new Mini-Bond crowd fund having already secured over £600,000 during the pre-launch phase. The initial investments come from our family of existing partners and investors. The new Mini-Bond has a maximum target funding of £3 million, offering an 8% gross AER return over 5 years, and is now open to all investors.
From the outset, we’ve set out to challenge the way volume housing in the UK is being delivered, with a focus on environmentally conscious homes, fine architecture, and joyful living spaces. Having won a series of awards from the CPRE, RIBA, and the Landscape Institute for our previous housing projects, this current crowdfund will provide investment for our sister company, HAB Land, whose main objective is acquiring land and site opportunities for future projects.
Entry-level for all investors is set at just £1,000 with a minimum 2-year term and there’s a special early bird offer for investors who commit by 16th January 2017.
Commenting on the new crowdfund, Kevin McCloud, Chairman of HAB Housing and Director of HAB Land said: “The response to our new fundraising from our current investors has been just outstanding and we’re now very excited to open this opportunity to all.
As stakeholders in a triple-bottom-line business, our investors will be able to see potential returns through social and environmental means as well as gain a good financial return. We’re a team of dedicated, passionate professionals, building innovative housing schemes and changing the way the UK approaches house building.
We don’t just build homes; we make streets and neighborhoods – proper places. Our Mini-Bond supports that. It’s only available whilst stocks last, with a target maximum fundraise of £3 million, so allow me to urge you to hurry and join our community of like-minded investors.”
The Mini-Bond launch comes off the back of strong recent business successes. Just before Christmas, we completed the sale on the final house at The Acre, in Oxfordshire, and at Lovedon Fields, near Winchester, we passed the mark of having sold over two-thirds of the homes off-plan.
We are working in partnership with CODE Investing, one of the UK’s leading marketplaces for investors, who have already raised over £84m since their launch in 2013. We broke records in our previous crowd funding round – raising 197% of the target before closing.
This next round of investment provides an opportunity to put money into a business that is changing the way people live. Those interested in investing will need to register via Code’s website, before then going to the HAB investment. Please note that all capital is at risk.