The Hideaways Club Forms Strategic Alliance With Equity Estates
January 27, 2010 by Perspective Magazine | Timeshare & Fractional ReviewsTwo of the largest property investment funds join forces to provide members access to more than 30 holiday homes
The Hideaways Club, a leading international property investment fund that offers its members the opportunity to invest in and exclusively enjoy an entire portfolio of luxury villas and chalets, announced this week that it has formed a strategic alliance with US based Equity Estates, the largest residence fund in North America. This alliance will offer members of both clubs the opportunity to access more than 30 magnificent properties in 24 of the world’s most spectacular destinations.
Commenting on the alliance Mike Balfour, Chairman and co-founder of The Hideaways Club, said, ”We are thrilled with this latest development in the exciting growth of The Hideaways Club. Both our companies have a common model and a common goal – to provide unparalleled holidays coupled with a sound investment, so it was a logical step to create this alliance for the benefit of our individual companies and our respective owner members. This relationship further endorses our commitment to offering the widest range of holiday options available to members of the Club.”
Under the terms of the alliance, The Hideaways Club and Equity Estates have agreed to make a specified number of non-peak nights available for reciprocal use. Exchange reservations can be made for travel beginning in 2010. Both companies have experienced impressive recent growth, a testament to their common unique model of shared ownership of a portfolio of holiday homes.
The Hideaways Club has 18 magnificent properties in 12 locations throughout Europe, Africa, and Mauritius that will be part of the exchange available to Equity Estates members. In return Hideaways Club members will have access to 11 properties in 11 beautiful destinations currently offered in the Equity Estates portfolio which include spectacular homes in the Turks & Caicos Islands; Telluride, Colorado; Los Cabos, Mexico and Naples, Florida.
“This alliance between Equity Estates and The Hideaways Club is ideal as it facilitates international growth for both companies and enhances the already excellent value proposition for owner members of both funds,“ said Adam Capes, co-founder of Equity Estates. “We cannot imagine a better way to begin 2010 than by doubling our portfolio of accessible properties.”
The properties of both Clubs are serviced by their own concierge operation who will handle all reservations and requests thereby removing all the hassles, unforeseen financial pitfalls and headaches associated with sole ownership and ensuring a relaxed and memorable holiday experience.
The Hideaways Club
The Hideaways Club is Europe’s leading property investment fund, offering its members exclusive usage and ownership of an entire portfolio of luxurious properties for a fraction of the cost of buying a single home overseas. Launched in 2007 the Club has a wide selection of beautiful properties throughout Europe, Africa, Mauritius and South East Asia that not only offer its members a luxurious and prestigious holiday experience but the strong possibility of considerable growth of their investment in the medium to long term.
www.thehideawaysclub.com
Equity Estates
Equity Estates is a luxury residence fund designed to offer spectacular holidays in addition to a real estate investment opportunity. Membership is structured as an equity interest in the real estate owned by the fund and offers the use of the fund’s residences, in addition to any appreciation when the properties are sold. The company was founded in 2006 by managing members wanting to offer all the benefits of second home ownership with none of the hassles.
www.equityestatesfund.com
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