REDAB PROPERTIES PLC


Why Invest In London?

London is one of the most liquid property markets, as well as the biggest, in Europe. Property investors use properties as part of their fund management and historically have developed a type of lease that divides risk between investors and occupiers.

The following facts are presented to facilitate your appreciation of the dynamics that drive the city of London and introduce why REDAB PROPERTIES PLC invests so confidently in the British Capital.


Introduction

Positioned at the centre of the world economy, London offers unparalleled access to global markets, a highly developed infrastructure and a pool of talent and expertise unrivalled by any of the major international business centres. It is also a friendly, creative and cosmopolitan city offering a high quality of life and diversity unsurpassed anywhere in the world.


The natural meeting point of international business



Greater London - labour pool of 7,600,000 people.

London - the world centre for international business: financial, accounting, legal and academic services.

More than 80,000 businesses are located in central London.

Approximately 1,088,000 people arrive in central London each day during the morning rush hour.

Creative businesses employs 400,200 people.

The financial sector employs more than 1,000,000 people - 50% more than the population of Frankfurt.

London's economy of £116 billion is larger than that of Finland, Portugal and Ireland.

84 million international air travellers fly from London every year - more than twice as many as the nearest competitor.

London has the best infrastructure compared to any other European city - 570 local railway stations, 270 Underground stations and 649 bus stops.

The London Stock Exchange is the largest in the world with 32% of the world's turnover - more than the stock exchanges of New York and Tokyo combined.

London attracts more international corporations than any other European city.

The population of London has increased by almost 600,000 since 1989 and is expected to increase by an additional 700,000 by the year 2016, the equivalent of a city the size of Frankfurt with it's population of 650,000



A strong economy and cost-effective infrastructure

The size of the London economy, at USD138 billion, is larger than that of Saudi Arabia, Poland, Malaysia, Greece, Singapore and Ireland.

270,000 people are employed in manufacturing in London.

London has 56 kilometers of Underground line per 1 million people – Berlin has 40 and Paris 48.

There are 12 national terminal railway stations, 570 local stations and 270 Underground stations.

More countries can be dialled direct from London than from any other city in the world.

There are over 26.8 million sq.m. of business space in London, four times the size of Frankfurt, Madrid and Brussels.

London has a total labour pool of 4 million, supplemented by a further 5 million in the region around London, the largest regional pool of labour in Europe.

Total labour cost levels are amongst the lowest in Europe – up to 50% cheaper than Germany.

The UK has a favourable tax regime for both businesses and individuals. Corporation tax will be 30% from April 1999. The top rate of personal tax is the lowest in the EU at 40%.


Culture

It is estimated that in one year there are 85 million attendances at London's cultural events.

The Royal Festival Hall on the South Bank is the largest arts centre in Europe.

Each week there are over 1,500 events to choose from.


Telephone: +44 (0)20 7730 0213

Why Invest In London?

London Since 1987

Business Idea

Board Of Directors

Press Information

Auditor

5 Year Summary

Residential

Capital Structure

Property Portfolio