A property fund using a trading strategy that enables it to avoid paying stamp duty is currently ava...
A property fund using a trading strategy that enables it to avoid paying stamp duty is currently available to intermediaries through Pinder, Fry & Benjamin. The structured investment provider is marketing and distributing the closed-ended Off-Plan fund on behalf of property specialist DCM (Jersey). Domiciled in Jersey, the fund will give access to the residential off-plan property market. Buying off-plan is essentially purchasing property in the process of development. The fund will agree to acquire residential properties that are not yet built by committing to pay a discounted pri...
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