Lucent are very positive about the outlook for 2013:

–       In 2011 when the Fund’s capital was fully employed the LSLF returned 30%+ for investors.

–       In 2012 the Fund carried a large cash balance averaging out at c30% of the NAV through the year (because the Fund does not use gearing or leveraging for asset acquisition). Such a large cash balance obviously acted as a drag on performance but still the LSLF returned 15%+ for investors in 2012.

–       In 2013 cash within the Fund will be fully employed again as further land investments are currently being undertaken including the prestigious Royal Pier Waterfront site in Southampton.

Furthermore, the backdrop to this asset class is now even more positive than it was in 2011:

–       The demographic trend of an increasing UK population was absolutely confirmed during 2012 by the release of data from the 2011 Census. This population growth is further exacerbating the existing chronic housing shortage.

–       Innovative Government initiatives to boost house building, in order to kick start domestic led economic growth and avoid the social problems that will occur as a consequence of a worsening housing crisis, are already positively impacting on the demand for land with planning consent.

–        “First-time buyers are returning to the (housing) market attracted by innovative deals….that make it easier to get on the ladder. There are 74 deals available for borrowers with a 5% deposit, up from 49 a year ago” (Sunday Times Money Section 20 Jan 2013)

–        “generous government support and cheap land have revived the fortunes of house builders, many of which fell into serious difficulty during the financial crisis. The share prices of the five biggest house builders rose by an average 71% last year” (Sunday Times  Business Section 20 Jan 2013).

–        Bovis, one of the UK’s largest housebuilders, was reported in the Financial Times Monday Jan 21st 2013 as using an increase in profits to drive an ‘aggressive land buying spree’ and according to David Ritchie (Bovis, CEO) “…we will keep buying”

This combination of factors is increasing the demand for land with planning consent (exactly what the Fund delivers) and collectively they make the outlook for the Lucent Strategic Land Fund in 2013 overwhelmingly positive.

Whether you are looking for short term gain, or long term portfolio enhancement, the Lucent Strategic Land Fund is an invaluable part of the answer you need.

Please Contact Me for further information and to get something started through your Personal Portfolio Bond or direct with the company.