London property fund launched by BDO
Mid-tier firm partners with sourcing agent Knight Frank
The Limerick based firm’s Londinium Fund will be used to buy residential
properties in prime central London.
Robert Adams, corporate finance director with BDO Simpson Xavier Limerick,
said the fund was expected to yield a return in excess of 10% per annum.
He said the Bank of Ireland had agreed to provide non-recourse funding to the
value of 66% of the fund.