Citadel Trustees Ltd (Citadel) is pleased to announce that it has recently been appointed by Novaterra Gestión S.L. to provide bespoke Escrow and Stakeholder services to the Group for their exclusive shared-ownership program of their Resort, Arcos Gardens Golf Club & Country Estate.

This multi-award winning development is located just 20 minutes from the city of Jerez de la Frontera, home of the world’s most important sherry bodegas and is surrounded by the beautiful Andalucian countryside. Novaterra has created a unique and exclusive development, which comprises of luxury residences overlooking one of Europe’s finest
golf courses. Their shared-ownership program consist of 10 4-bedroom villas that will be offered in one eighth shares, allowing for 6 weeks usage per year in addition to the upscale furnishings and amenities which include a Golf Membership.

Christopher Allen, Director, commented “We are very proud to have been appointed by Novaterra for the Arcos Gardens Golf Club & Country Estate and to be associated with such a prestigious product. Citadel will be providing bespoke Escrow and Stakeholder services, which will enhance the process through which Novaterra is able to offer their shared-ownership product to the market, bringing security and flexibility to both the Developer and the Share Owners”.

In addition to providing Trustee services for the shared-ownership industry, Citadel also specializes in emerging products, such as green energy products, requiring Stakeholder, Trustee and Escrow services, as well as Hotel buy-to-let schemes and other leisure related investment products. Citadel has grown rapidly over recent years and is authorized by the UK Financial Services Authority to set-up, operate and wind up Unregulated Collective Investments Schemes, an area of business which has seen very strong growth in recent years and one which will be of particular focus for the company in the future. The Group now boasts offices in the UK, Spain, India, Thailand and China and is involved with projects valued at over $2.5 billion.

For further information about Citadel, please contact Christopher Allen, Director, Client Services and Business Development, by email at chrisallen@citadeltrustees.com or call the company’s UK Head Office on +44 (0) 1276 482015/16.

Citadel Trustees Ltd (Citadel) is pleased to announce that it has recently entered into an exclusive Mutual Co-Operation Agreement with Best Group, thus enabling the company to expand its B2B services to a much wider developer client base.

Christopher Allen, Director, commented “Citadel is very proud to have entered into such a strategic alliance with Best Group due to the close underlying synergies between both companies and this new relationship will allow us to not only offer our bespoke Trustee and Stakeholder Services to a much wider market, but also enhance the process through which a developer will be able to offer his fractional product to the
market”.

Citadel and Best Group have been closely examining the Fractional market for considerable time now and have identified the need for a one-stop service, which offers a professional and cost effective package of key commercial, legal and trustee services to real estate developers looking to enter the Fractional market. This unique service will in essence mean, that once Best Group has taken the developer through the initial commercial feasibility phase, then Citadel will structure the legal framework for the project making it a more streamlined and cost effective process, giving greater credibility to the fractional product as well as enhancing its operational efficiency.

Best Group, www.thebestgrp.com, which at the recent 2009 OPP Industry Awards received the Highly Commended accolade in the category of OPP Best Fractional Service Award 2009, holds a prominent position in the Fractional market where it is highly regarded for its services to real estate developers, particularly in Europe, the Caribbean and Central America.

Brad Lincoln, CEO Best Group commented: “We are really pleased to be able to offer fractional structures and trustee services for fractional developers through this partnership with Citadel Trustees. Citadel has an excellent reputation in the market and a team with decades of experience worldwide. Being able to project manage the entire setup of the fractional scheme with a trusted partner will enable us to help developers get to market more quickly and cost effectively, using the experience of a strong team backing them”.

Citadel Trustees Ltd., which is also authorized and regulated by the UK Financial Services Authority, is a fully owned subsidiary of Hutchinson & Co Trust Company Ltd. which has been operating for twenty-five years, and was formed as a specialist Trustee with a principle focus on emerging products, in particular those requiring stakeholder and escrow activities, as well as Hotel buy-to-let schemes and other leisure related
investment products. Citadel operates its Head Office out of Camberley, Surrey and has branch offices in Spain, Thailand, India and China. For further information about Citadel, please visit www.citadeltrustees.com

Alternatively, contact Christopher Allen, Director of Client Services and Business Development, by email at
chrisallen@citadeltrustees.com or, call the company’s UK Head Office +44 (0) 1276 482015/16.

Over the past twelve months Perspective Magazine (http://www.theperspectivemagazine.com) has continued to expand its reach throughout the shared ownership arena, and is now pleased to announce media sponsorship of a new industry event to be held in Phuket, Thailand.

“It’s fantastic to have Perspective International Media Group to support the inaugural Absolute Shared Ownership Resort & Hotel Event in beautiful Phuket and appreciate their support to help us attract those overseas companies currently looking at Asia for new sales opportunities, new resort opportunities and new fantastic four and five star inventory acquisitions.” Said Bryan Lunt, Chairman of Absolute Group.

Paul Mattimoe, CEO of Perspective International commented, “We have always had a close affinity to the Asian marketplace, from where our group of companies originated some six years ago, so we are particularly pleased to add a conference in this region to our schedule of events”

The event provides informative seminars, excellent networking opportunities with leading property developers, resort and hotel owners and operators, direct marketing organisations and management specialists, as well as a first hand opportunity to see three real working fractional ownership resorts and sales centres in Phuket, including Thailand’s designer development yooPhuket.

“We look at the event as being the first of its kind in Asia, bringing together companies such as Wyndham Hotels and Resorts, Interval International, Citadel / Hutchinson Trustee’s, Ragatz Associates and many more with excellent facilities at Patong beach’s Millennium hotel, an ultra modern conference venue.”  Concludes Mr. Lunt.

The event is to be held on 12-13th October at Millennium Patong Hotel, Phuket, Thailand, and Perspective Magazine will be providing more detailed information for delegates in due course.