Hi
I came across a company at the property expo that was involved in Land banking. The company offers individual buyers to buy strategic plots of land (freehold) in rural/agricultural area that fits the criteria of the company. Once all the individaul plots are sold at the site, at such time when deemed appropriate, the company will apply for a planning permmission. When planning has been granted the land is sold to developer. The buyers will make a profit based on the number of plots held as perfect of the entire site. Return is expected to be within 2-5 years. Does anyone have experience with Land Banking or have invested in Landing Bank. I would love to hear your comment/thoughs.
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