Bsaf(Sterling) Fact Sheet Nov 2011

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Bsaf(Sterling) Fact Sheet Nov 2011

  1. 1. STUDENT ACCOMMODATION FUND (STERLING) Brandeaux’s london portfolio already sold out for summer 2012Olympic London will be busy for summer 2012. Liberty Living’s Londonstudent accommodation portfolio is already sold out for Olympic housing. £2.87Bookings outside London also indicate continuing strong growth in summer Share price 31 October 2011revenue, which has increased its net contribution from £2.1 million in 2009 Up 3p on previous monthto £3.2 million in 2011. We confidently expect a record summer in 2012 – allpart of building higher value and increased income from the Liberty Livingportfolio. +10.38% 12 Month total return1traCK reCord of Consistent returns sinCe launCH in 2000 +32.87% 3 Years total return19.73%* +63.07% 5 Years total return1 +9.73% Compound annual return since launch2 1 Total return to 31/10/11 2 From 15/06/00 to 31/10/11 Returns are net of Brandeaux charges*Compound average annual return since launch on 15 June 2000 to 31 October 2011, net ofBrandeaux charges. “We have fullPast returns are not a guide to future returns and the value of shares may go down as well as up. occupancy for 2011/12 with waitingupdate from Charles marshall, Chief executive, liberty living lists, and are alreadyOur students don’t just book in with us. They come to stay with us during their starting to agreeuniversity years. It is with that spirit that we welcome them and provide an rent levels with ourenvironment that is a memorable part of their time spent at university. This is the university partnerskey to our brand recognition and it is vital to sustainable Fund returns. This is the for 2012/13. Earlyreputation that Brandeaux’s Liberty Living brand has established over 11 yearswith both students and universities. Our reputation is the foundation for our full indications of rentaloccupancy for 2011/12 and why we look forward with confidence to 2012/13. uplifts are positive”We successfully completed the 2010/11 university year with an increase of 33% in Charles Marshall, October 2011summer revenues to £3.2 million against £2.4 million in the previous year. Additionalrevenue for 2011/12 is being generated from 60 new rooms that have been added toexisting residences in Leicester and London.brandeaux www.brandeaux.com nOVeMber 2011
  2. 2. STUDENT ACCOMMODATION FUND (STERLING)update from Charles marshall (continued) Key factsCreating partnerships and strong relationships with universities is key to Brandeaux’s Shares are listed on thesuccessful business model. Partnerships with over 30 mainstream universities provide Irish Stock Exchangeoccupancy commitments for over 60% of the portfolio’s income. We are frequently target returnapproached by universities as a ‘buyer of choice’ for purchasing their existing 8% to 10% p.a.accommodation. This presents opportunities to expand Brandeaux’s already well fund sizegeographically diversified portfolio and continue to exploit cost economies of scale. GAV £1.02 billion NAV £818 million (31 October 2011) launch dateBrandeaux’s student accommodation 15 June 2000locations manager Brandeaux Managers Limiteda london investment adviserB Cardiff Brandeaux Advisers (UK)C liverpool Limitedd manchester administratore southampton Brandeaux Administratorsf Birmingham LimitedG Coventry Liberty Park Banker and safe keeper University of BedfordshireH newcastle of assetsi preston HSBC Bank plcJ Gillingham auditorK leeds Deloitte & Touche LLPl leicester property Valuerm aberdeen Lambert Smith Hamptonn Bedford Group LimitedO Sheffield initial Chargep Glasgow 1.5%Q stoke management fee Liberty Quays 1.5% p.a. of NAV University of Kent administration fee 0.2% p.a. of NAVFor a student’s view of the Brandeaux portfolio please refer to www.libertyliving.co.uk total expense ratio 1.71% p.a. of NAV exit ChargesBrandeaux also offers through Brandeaux Student Accommodation Fund (Multi NoneCurrency) share classes denominated in US Dollar, Euro, Singapore Dollar and Swiss dividend status NoneFranc, which invest directly in Brandeaux Student Accommodation Fund (Sterling) dealing dayand employ currency hedges to mitigate the effect of exchange rate fluctuations 5th business day each monthagainst Sterling. A Fact Sheet and Private Placement Memorandum for Brandeaux mexid numberStudent Accommodation Fund (Multi Currency) is available from info@brandeaux.com 8QSAA sedol number B61PNY0 (Last character is the number “0”) isin numberA minimum subscription level is applicable ONLY to the institutional platform through which the subscription of the investing client is made.Brokers, therefore, do not have to regard Brandeaux Student Accommodation Fund (Sterling)’s minimum subscription requirement as a VGG131721125barrier but should refer to the terms of the institutional platform product. Full details of the terms of subscription and redemption of shares inBrandeaux Student Accommodation Fund (Sterling) are set out in the Private Placement Memorandum.This Fact Sheet is for information purposes only and is not intended as an offer or solicitation to anyone in any jurisdiction in which such anoffer or solicitation is not authorised, or to any person to whom it would be unlawful to make such an offer or solicitation. Persons who receive adrian perrythis Fact Sheet are required to inform themselves about and observe any such restrictions and should seek professional advice. This FactSheet should be read in conjunction with the Memorandum and Articles of Association and Private Placement Memorandum of Brandeaux Head of MarketingStudent Accommodation Fund (Sterling) Limited, which, together with the latest Fund’s Report & Financial Statements, are available uponrequest from info@brandeaux.com. Information and representations herein are based on information available at the date hereof, and are, Telephone: +353 877 55 88 50therefore, subject to change. In particular, past returns are not a guide to future returns and the value of shares may go down as well as up. a.perry@brandeaux.comMoreover, returns in non-Sterling denominated shares classes may increase or decrease subject to currency fluctuations. All returns are shownnet of Brandeaux charges.Brandeaux Student Accommodation Fund (Sterling) Limited is incorporated in the British Virgin Islands (“BVI”) as a BVI Business Company with sophie Bowdenregistration number 384467. It is recognised as a professional fund under the BVI Securities and Investment Business Act, 2010 and is subject Marketing Executiveto the supervision of the BVI Financial Services Commission. Shares are listed on the Irish Stock Exchange.This Fact Sheet is distributed on behalf of Brandeaux Managers Limited by Brandeaux Administrators Limited, Brandeaux House, 13 Upper Telephone: +44 20 7398 7410Mount Street, Dublin 2, Ireland, which is authorised and regulated by the Central Bank of Ireland under the Investment Intermediaries Act, 1995. s.bowden@brandeaux.combrandeaux www.brandeaux.com nOVeMber 2011

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