j
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Penguins are very misunderstood!
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Post by j on Sept 6, 2017 15:05:59 GMT
"Recent Trades" box currently lists some investments in the Exeter student block of £245k (!), £70k and £49k ... I've seen 2 trades of £49k+ within last 15mins listed! That £1.6m target does not seem so large after all!
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hazellend
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Post by hazellend on Sept 6, 2017 19:23:44 GMT
"Recent Trades" box currently lists some investments in the Exeter student block of £245k (!), £70k and £49k ... I've seen 2 trades of £49k+ within last 15mins listed! That £1.6m target does not seem so large after all! Also, pp have promised no scale back for investments 25k + Wonder what they would do if it was oversubscribed with big hitters.
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ben
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Post by ben on Sept 6, 2017 21:06:57 GMT
Might have there eye on a few similar student blocks, a fair few being built that may be looking for new owners.
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beh
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Post by beh on Sept 8, 2017 20:30:20 GMT
So the student block was supposedly fully funded within a few hours but is being left open till next week, surely just encourages people overbid. Any predictions?
Slightly at a loss with PP of recent, frustrating to only end up with a few % of something. I don't want to use auto-invest and nor do I have tens of £thousands.
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j
Member of DD Central
Penguins are very misunderstood!
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Likes: 540
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Post by j on Sept 8, 2017 21:14:35 GMT
So the student block was supposedly fully funded within a few hours but is being left open till next week, surely just encourages people overbid. Where did you get that info from?
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hazellend
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Post by hazellend on Sept 8, 2017 21:39:34 GMT
So the student block was supposedly fully funded within a few hours but is being left open till next week, surely just encourages people overbid. Where did you get that info from? Basically, if you are bidding 25k + there will be no scaleback. For everybody bidding under that, massive scaleback.
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ben
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Post by ben on Sept 8, 2017 22:05:47 GMT
So the student block was supposedly fully funded within a few hours but is being left open till next week, surely just encourages people overbid. Where did you get that info from? You should have an email about it, if you don't let me know and I forward you it.
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littonowl
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Post by littonowl on Sept 8, 2017 22:46:54 GMT
So the student block was supposedly fully funded within a few hours but is being left open till next week, surely just encourages people overbid. Any predictions? Slightly at a loss with PP of recent, frustrating to only end up with a few % of something. I don't want to use auto-invest and nor do I have tens of £thousands. Sadly PP seem to have put measures in place now to court the BH's /Institutional Investors at the expense of their small/original investors.
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Post by sayyestocress on Sept 11, 2017 8:28:27 GMT
So the student block was supposedly fully funded within a few hours but is being left open till next week, surely just encourages people overbid. Any predictions? Slightly at a loss with PP of recent, frustrating to only end up with a few % of something. I don't want to use auto-invest and nor do I have tens of £thousands. Sadly PP seem to have put measures in place now to court the BH's /Institutional Investors at the expense of their small/original investors. I imagine the little guys (like me) will still be able to get what they want of the usual 2.5 to 3.5% dividend residential properties, with the big hitters eating up the lion's share of the high dividend properties which I assume will be the exception, rather than the norm in terms of listings. We shall see...
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IFISAcava
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Post by IFISAcava on Sept 13, 2017 10:25:39 GMT
by my calculation got about 13% of the student property. For a £1.6 million deal! As others say, though, larger investors and auto-invest got no scale back, so we don;t really know quite how much oversubscription there was.
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