Thursday 30 September 2010

Tochni Movie

Movie showing new property built opposite development land, road that has now been publicly registered with power and around to adjoining plot.

YouTube Video

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Location:E701,Peyia,Cyprus

Sales team update

Update from MPG Sales Team as follows:

Michael,

I hope you are keeping well – just to keep you up to speed on where the Cyprus & Bulgaria projects are at.

1) August was very quiet, as it usually is, which is why I have not reported too much back. However things are now moving forward well.

2) In terms of the Russian targets for Pissouri, I’m looking to take this to the stage of meeting 2/3 potentials in the next three weeks – Are you happy for me to go ahead and set up the meetings or are there any dates to avoid?

3) On a more immediate note, there is some interest being shown in Pissouri by Investment Suisse. They have a private equity fund as well as a private banking and credit underwriting arm; the private equity fund is looking to arrange deals around the $10m mark. Based on the initial information that I provided, they think that this might be something they would like to participate in, and have requested that I supply further details for their team to consider. However, they do seem slightly confused as to whether we were looking for a loan or a private equity buy in to the project – so I have asked for clarification on what they are asking for before going any further. If it turns out they are looking to buy into the project rather than just finance it, do you want me to go to the next level?

4) In terms of Bulgaria we are looking to get you in front of people before September is out - same query with regards to dates as noted in point 2.


The new office number is 0113 308 2004


Thanks,

Adrian


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Location:Sales office UK