Lares UK

Opportunity
Fully digital instrument generating semi-annual returns from UK Tenanted Residential Properties
Lares UK Residential Properties is an opportunity to invest into income producing
assets, which represent fractional participation in a real-estate backed financial
instrument financing acquisition of high-yielding, residential homes in the Midlands and
Northern England.
Lares UK Residential properties is real-estate backed instrument financing acquisition of residential properties in the Midlands and Northern England. The acquired properties are managed by UK Communiiity Homes Group (UKCH), which aims to acquire and manage up to 10,000 tenanted residential properties in England. It is an opportunity to invest in income-producing assets that represent a fractional interest in real-estate backed instrument.

Lares Investors purchase digital bonds issued by IDAP Alternative Investments S.à r.l., with maturity in June 2027 with 100% redemption price and a 7% annual return paid in semi-annual coupons.
HIGHLIGHTS
INVESTMENT STRATEGY
UKCH is acquiring, primarily, tenanted 2–3 bedroom, houses, apartments, and HMOs (Houses in multiple occupation) in the Midlands and Northern England using a network of local sourcing and property management firms. These regions are relatively dense with government-supported areas that are perfect for steady rental yields from working family tenants, which tends to be a rental property segment unaffected by downturns.

The goal is to acquire cash-flow generating, residential assets in the UK with no permitting or build risk. Most properties are tenanted upon acquisition and therefore cash flow producing from day one. The average rents of £ 300–700 have been stable over several decades and can be well supported by average wages in the area of £ 1,200 per month. Due to the local shortage of affordable homes the occupancy rate is kept high, often exceeding 90%.
Apart from a stable source of income, the UKCH investment strategy is also to have its own positive impact strategy regarding improved tenant living conditions and support of local communities.
UKCH is already acquiring properties using its seed capital, qualified investor funds, and local UK bank financing, and is successfully renting the properties between 8% and 12% gross yield. Lares Digital Bonds will enable UKCH to extend their acquisition by 500 to 2,000 additional units over the next 36 months.
More information about the company can be found under http://www.ukc-homes.com.
SAMPLE INVESTMENT

This acquisition in Newcastle is a perfect example of a low-entry, poorly-conditioned property in need of some clever refurbishment to increase the market value. This immaculately presented, large 3‑bedroom terrace property located in Hartlepool, Newcastle, with a tenant paying £500 per month has seen a capital gain of 27% post purchase and refurbishment.
✓ £29,950 Purchase Price
✓ Fully refurbished £12,000
✓ Let out to single tenant
✓ £500 PCM rental Income at a yield of 14.3%
✓ Market value post refurbishment: £53,100
FAVORABLE MARKET CONDITIONS
✓ Lack of buyers for UKCH targeted properties due to “build-to-rent” focus of most UK PRS funds and distress of sellers due to economic cycle, Section 24, Brexit and partial withdrawal of foreign capital.
✓ Lack of residential properties in the UK (a shortfall of 300,000–400,000 homes per year) and the need for large-scale professional landlords.
These two factors combine to enable UKCH to generate 8–12% gross rental yields.
These condition have been heavily influenced by current events, such as Brexit and Section 24, which have led to uncertainty in the market. A comparable situation occurred in England 17 years ago, with similar indicators not found in a typical property cycle. This confluence of events and conditions provides a rare opportunity of which UKCH intends to take full advantage, and which represent a unique investment opportunity through Lares Digital Bonds.
PROPERTY MANAGEMENT
As any buy-to-let property owner knows, property management can be a great deal of work. Moreover, most property management companies are lacking in one of several key areas:
✓ Geographic coverage
✓ Scale
✓ Services
✓ Cost
✓ Professionalism
To address these challenges, UKCH has developed a proprietary database of property managers. The establishment of this database was both arduous and time consuming, and it represents a strategic advantage. With a target of over 100 new acquisitions per month, the ability to quickly and efficiently assign a property manager who offers the professionalism and services that are required for the social impact that UKCH desires to achieve, while simultaneously operating at a cost-point supporting target yields, is critical to long-term success.
After thorough analysis, UKCH has been able to assemble a virtual team of property managers who are able to address the coverage, scale, and professionalism required, provide a comprehensive management package, and generally operate at less than 10% of gross rent (before VAT).
Once UKCH has developed a large base of assets and completed the acquisition phase, it plans to shift its business strategy towards property management and pursue the following options:
✓ Develop own “in-house” property management
✓ Buyout an existing property manager
✓ White-label an existing property manager
TEAM
UK Communiiity Homes Group brought together a team with extensive experience within the international property and investment management sectors. Through their expertise and established track records, they have amassed a comprehensive network of qualified local sourcing, property agents and property managers, and senior UK financial and legal advisors.

Jan Hybler, Paul Morrison, Craig Adderson, Jaromir Smetana (from left to right)
Co-Founder / Director
Experienced finance and real estate professional, asset manager and entrepreneur with main business presence and focus on the UK and European market.
Co-Founder / Director
Experienced finance and real estate professional, asset manager and entrepreneur with main business presence and focus on the UK and European market.
Operations Manager
Investment and compliance specialist with a record of delivering & supporting investment strategies internationally that meet clients’ objectives.
Expert Committee Member
2017- 2020 Member of the Expert Committee with Raiffeisen Investment Company (RIS) 2011- 2014 Member of the Expert Committee with REICO Investment Funds of Česká spořitelna a.s. Members of the Expert Committee — approves acquisitions and disposals, as well as regular valuation of assets as required by the regulatory body of the Czech National Bank.
DIGITAL BOND CLASSIFICATION
Lares Digital Bonds will be issued by IDAP Alternative Investment S.à r.l., a securitization platform operating under the Luxembourg Securitization Law. Lares Digital Bonds are issued subject to, and will be enforced in Luxembourg, if applicable, in accordance with the provisions of the Securitization Law 2004 and its Terms and Conditions. Lares Digital Bonds are issued as an unregulated securitization undertaking according to Securitization Law.
Bonds will be issued and registered in electronic form on the platform operated by Globacap Limited, an entity licensed by the Financial Conduct Authority. The Bonds bear 3.5% semi-annual coupons until their redemption at maturity day.
The digital form of the bonds allows easy access by an investor to information about his holdings at any time, and the ability to easily receive distributions and redemption. Lares Digital Bonds are fully transferable until their maturity, subject to certain restrictions and limitations.
Step 1: Register and qualification as professional investor
European investors interested in purchasing Lares Digital Bonds must register with BMCP GmbH and qualify as a professional client according to Annex II of DIRECTIVE 2014/65/EU.
Investors can subscribe to Lares Digital Bonds using the Globacap platform (the “Globacap Platform”) accessible through the Internet. You will receive a registration email with further information about the qualification process with links to the GlobaCap platform after registration on on this landing page.
The Globacap Platform is operated by (and its related services are provided by) Globacap Limited, registered and incorporated in England, with its offices at 322 High Holborn, London WC1V 7PB, United Kingdom (“Globacap”). Globacap is regulated by UK Financial Conduct Authority with FCA No: 811661. Investors must register an individual or institutional account at the Globacap Platform to subscribe, hold, receive distributions and redeem Lares Digital Bonds.
Step 2: Know Your Customer (KYC) and Anti-Money Laundering (AML) Compliance
We will walk you through a quick and easy identification and accreditation process online. This process protects investors and ensures the integrity of the company. All potential investors must provide such information to IDAP Alternative Investment S.à r.l., as set forth in the Subscription Form to allow the Company to conduct its required KYC and AML analysis and to otherwise confirm that the investor satisfies any other suitability requirements. IDAP Alternative Investment S.à r.l. reserves the right to reject any investment at its sole discretion.
Step 3: Complete subscription process
Investors must read the Private Placement Memorandum (PPM) and Subscription Form of IDAP Alternative Investment S.a r.l..
Step 4: Purchase Lares Digital Bonds
Send GBP, EUR or USD to Globacap as the custodian and Paying Agent of Lares Digital Bonds and obtain an economic interest in the Lares UK Affordable Housing project in the form of Lares Digital Bonds.
LARES DIGITAL BONDS
Target Fund Raise
GBP 15,000,000
For professional investors from
European Union
United Kingdom
Issuer | IDAP Alternative Investments S.à r.l. |
---|---|
Jurisdiction | Luxembourg |
ISIN (Series A) | LU2387859445 |
ISIN (Series B) | LU2387863710 |
Total Investment Volume | £15,000,000 |
Min. Investment Amount (Series A) | £10,000 |
Min. Investment Amount (Series B) | £100,000 |
Instrument Type | Bond with fixed 6‑month coupon |
Currencies | GBP, EUR, USD |
Final Closing | 30 June 2022 |
Term | 5 years |
Maturity | 30 June 2027 |
Expected ROI | 35% |
Coupon | 3.5% paid semi-annually |
Redemption Price | 100% |
Secondary Trading | Yes |
Investor Documentation

Interested investors must register and qualify as professional client according to Annex II of DIRECTIVE 2014/65/EU. A professional client is a client who possesses the experience, knowledge and expertise to make its own investment decisions and properly assess the risks that it incurs.
If qualified as a professional client, BMCP will contact you directly.
Legal Information
The information of this Digital Bond Offering is exclusively intended for persons who are not located in or resident of certain other restricted jurisdictions, and who are otherwise permitted to receive such information.
According to Article 1 (4) of the EU Prospectus Regulation (Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market, and repealing Directive 2003/71/EC), there is no obligation to publish a prospectus if the securities are only offered to legal entities or individuals which are “qualified investor” as defined in the Prospectus Regulation.
Globacap Limited, incorporated and registered in England and Wales with registration number 11046987, whose Registered Office is at 322 High Holborn, London WC1V 7PB, United Kingdom, with FCA No: 811661, acts as Authorized Arranger in the United Kingdom for investors from the United Kingdom.
The information of this Digital Bond Offering does not constitute an offer or an invitation to purchase securities in any jurisdiction in which such offer or invitation is not authorised or to any person to whom it is unlawful to make such offer or invitation. Users of this information are requested to inform themselves about and to observe any such restrictions.
An investment involves considerable risks and can lead to the complete loss of the assets invested. In the interests of risk diversification, only those amounts of money should be invested that are not required or expected to be returned in the near future. However, the risk is limited to the investment sum made and there is therefore no obligation to make additional contributions.
The Issuer is solely responsible for all contents and information provided regarding the offering. BMCP GmbH acts as a pure intermediary and assumes no liability for the accuracy of the provided content. BMCP GmbH works on a success fee basis of up to 5% of raised capital.
DISCLAIMER
THIS PAGE DOES NOT CONSTITUTE AN OFFER OF SECURITIES OR A SOLICITATION OF AN OFFER TO PURCHASE SECURITIES MADE TO ANY PERSON IN ANY JURISDICTION IN WHICH IT IS UNLAWFUL TO MAKE SUCH AN OFFER OR SOLICITATION. THE DISTRIBUTION OF THIS OFFERING IN CERTAIN JURISDICTIONS MAY BE RESTRICTED BY LAW. FAILURE TO COMPLY WITH SUCH RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF THE RELEVANT JURISDICTION. NO ACTION HAS BEEN OR WILL BE TAKEN TO ALLOW A PUBLIC OFFERING OF SECURITIES IN ANY JURISDICTION. THE SECURITIES ARE INTENDED TO BE DISTRIBUTED ONLY ON A PRIVATE PLACEMENT BASIS.
THE OFFERING IS ONLY AVAILABLE TO INSTITUTIONAL OR PROFESSIONAL INVESTORS WHO HAVE EXPRESSED AN INTEREST IN INVESTING IN THE OFFERING.