Citadel Trustees Ltd (Citadel) is pleased to announce that it has recently been
appointed by Novaterra Gestión S.L. to provide bespoke Escrow and Stakeholder
services to the Group for their exclusive shared-ownership program of their Resort,
Arcos Gardens Golf Club & Country Estate.
This multi-award winning development is located just 20 minutes from the city of Jerez
de la Frontera, home of the world’s most important sherry bodegas and is surrounded
by the beautiful Andalucian countryside. Novaterra has created a unique and exclusive
development, which comprises of luxury residences overlooking one of Europe’s finest
golf courses. Their shared-ownership program consist of 10 4-bedroom villas that will
be offered in one eighth shares, allowing for 6 weeks usage per year in addition to the
upscale furnishings and amenities which include a Golf Membership.
Christopher Allen, Director, commented "
We are very proud to have been appointed by
Novaterra for the Arcos Gardens Golf Club & Country Estate and to be associated with
such a prestigious product. Citadel will be providing bespoke Escrow and Stakeholder
services, which will enhance the process through which Novaterra is able to offer their
shared-ownership product to the market, bringing security and flexibility to both the
Developer and the Share Owners”.
In addition to providing Trustee services for the shared-ownership industry,
Citadel
also specializes in emerging products, such as green energy products, requiring
Stakeholder, Trustee and Escrow services, as well as Hotel buy-to-let schemes and
other leisure related investment products.
Citadel has grown rapidly over recent years
and is authorized
by the UK Financial Services Authority to set-up, operate and
wind up Unregulated Collective Investments Schemes, an area of business which has
seen very strong growth in recent years and one which will be of particular focus for
the company in the future. The Group now boasts offices in the UK, Spain, India,
Thailand and China and is involved with projects valued at over $2.5 billion.
For further information about
Citadel, please contact Christopher Allen, Director,
Client Services and Business Development, by email at
chrisallen@citadeltrustees.com
or call the company’s UK Head Office on +44 (0) 1276 482015/16.
17th May 2010