Intro: World Capital Partners Developing Global Opportunities Opening Page: Property Options, a fresh approach to property investment. Introducing World Capital Partners, a London based company, part of a fully integrated international property group, with offices strategically located in the UK, North America and New Zealand. Read the various sections on this site to find out more about our unique property investment method and our latest development in Las Vegas. (c) World Capital Partners Ltd 2005. All rights reserved. "World Capital Partners" and "Developing Global Opportunities" are trade marks of World Capital Partners Ltd. Development Page: Our expertise begins right at the start, with researching and identifying global property hotspots, areas rich in potential and opportunities for growth. Our uniquely integrated structure allows us to act quickly, from first locating the land, to purchasing it, undertaking all the planning and approval applications ourselves, right through to construction and completion of each development. "Although property investment continues to grow, the opportunities for substantial profits are limited, making reliance upon global expertise ever more important" Rod Nielsen, Chief Executive, World Capital Partners Disclaimer Page: Disclaimer and Legal Notices ---------------------------- This is the website of World Capital Partners Ltd ("WORLDCAP"), a limited liability company registered in England and Wales under Registration Number 05472200. The Registered Office address is 3 Sheldon Square, London W2 6PS. United Kingdom. Privacy Statement ----------------- This privacy statement describes how we at WORLDCAP use the information we collect on our website. You do not have to give us any personal information in order to use most of this website. However if you wish to obtain more information about us and our offerings, or to take advantage of some of the more special personalised services that we offer, you will need to provide certain information. If you have any questions about this statement or your personal information, please contact compliance@worldcapitalpartners.co.uk. WORLDCAP is the sole owner of the information collected on this website. We do not sell, share or transfer this information except as set out in this statement. We use your information to improve our marketing, for administration and to provide you further information about our services. We may employ the services of a Third Party to help us in certain areas. In some cases that third party may receive your information. However at all times WORLDCAP will control and be responsible for the use of your information. The types of information we collect are described below: Name; company; job title; postal address; e-mail address; telephone number(s) and other relevant information. Cookies ------- We may use cookies. A cookie is a small amount of data which is stored on your computer's hard drive which makes it easier to identify you and which is revealed to us when you use this website. We also use cookies to track the interest of our users so that we can subsequently enhance their experience on our website. You can configure your web browser not to accept cookies, although this may hinder the functionality of the website. Use of Information ------------------ We may: - send information to you by e-mail (when you have specifically agreed to this) or post which we think may be of interest to you; - provide information relating to you or others if you indicate that you want to receive marketing material or similar communications; and - provide other companies with statistical information about our clients, but this information will not be used to identify any individual client. You can inform us at any time if you no longer require such information to be sent by e-mailing compliance@worldcapitalpartners.co.uk. Links ----- The website may contain links that make it easy for you to visit other websites. If you use leave the website and visit a website operated by a third party, we do not have any control over that website. Accordingly, we cannot be responsible for the protection and privacy of any information which users have provided while visiting such websites. Users should exercise caution and look at the privacy statement and any terms of use applicable to the website in question. Access to Data -------------- Under the Data Protection Act 1998, you may request details of personal information that we hold about you. An official fee will be payable. If you want to make a request, you should write to the Data Protection Compliance Officer, at World Capital Partners Ltd, The Lloyd's Building, 4th Floor, 12 Leadenhall Street, London EC3V 1LP, England. Correcting/ Updating, Personal Information ------------------------------------------ If your personal information changes or if you no longer wish to receive our service(s), please let us know and we can correct, up date or remove your details. This can be done by e-mailing us at compliance@worldcapitalpartners.co.uk. Security -------- We take all appropriate steps to protect your information both online and offline. If you want information about our security procedures please contact us at compliance@worldcapitalpartners.co.uk. Your consent ------------ By using our website you consent to the collection and use of your personal information in the manner set out above. We will however, only use your email address for sending you material where you have specifically agreed to this. If we change or modify this privacy policy we shall post these changes on this page. DISCLAIMER OF LIABILITY ----------------------- Nothing in this website constitutes investment advice. The information on this website with respect to the property offerings are intended only for residents of the United Kingdom, Republic of Ireland, Isle of Man or elsewhere where permitted by law. Always seek an independent advice on a potential investment. WORLDCAP assumes no responsibility for information contained on this site and disclaims all liability in respect of such information. Every precaution has been taken to establish the accuracy of the material describing WORLDCAP's services and product offerings contained in the website at the date of its posting. No responsibility is taken for any errors or omissions. Prospective purchasers should not confine themselves solely to the content of the material, but should make their own enquiries to satisfy themselves on all aspects. The description of WORLDCAP's services is for guidance only and does not constitute an offer or contract. This website contains links to other websites and to material contained on other websites. WORLDCAP is not responsible for the content of such other websites or content which you may be able to access from such website. WORLDCAP'S REGULATORY POSITION UNDER THE FINANCIAL SERVICES AND MARKETS ACT 2000 -------------------------------------------------------------------------------- The firm is not authorised under the Financial Services and Markets Act 2000. As we are not authorised under FSMA we are only permitted to communicate invitations or inducements to engage in real property investments or other investment activities ("financial promotions") where these have been approved by an Authorised Person or are exempted from their requirement for such approval. We offer only real property investments and nothing we say or do should be construed as investment advice to anybody on the investment merits of acquiring or disposing of particular investments or as an invitation or inducement to anybody to engage in investment activities; nor do we act as brokers for investment transactions. COPYRIGHT AND LIMITED REPRODUCTION NOTICES ------------------------------------------ WORLDCAP is unless otherwise stated, the owner of copyright and database right in this website and its contents. No part of this website may be published, distributed, extracted or utilised or reproduced in any material form (including photocopying or storing it in any medium for electronic means and whether or not transiently or incidentally to some other use of this publication) except in accordance with the permissions set out below or as permitted by the Copyright Designs and Patents Act 1988 or the Copyright and Rights and Databases Regulations 1997 as applicable. IMPORTANT --------- The following permissions ARE NOT APPLICABLE to content supplied by THIRD PARTIES. For permitted use of third party content, apply to the relevant content owner. Licence for Personal Use ------------------------ You may view this site electronically. You may for your personal use only save to your individual storage medium and print such extracts from this site as are necessary for such use ("extracted material"). Licence to read copy for limited purposes ----------------------------------------- You may read or copy of extracted material to individual Third Parties for their personal use only, but only if YOU; 1. acknowledge that WORLDCAP's website is as a source of the material and includes such acknowledgement, and the WORLDCAP website address (www.worldcapitalpartners.co.uk) in the copy of the extracted material; and 2. inform the Third Party that these conditions apply to him or her and that he or she must comply with them; and; 3. recopy the extracted material in complete and unmodified form. This licence to recopy does not permit incorporation of the material or any part of it in any other work or publication, whether in hardcopy or electronic or any other form. In particular (but without limitation) no part of the WORLDCAP website may be distributed or recopied for any commercial purpose or for a fee. WORLDCAP reserves the right at any time at its discretion to withdraw or modify the licences set out above. Links to WORLDCAP Website ------------------------- WORLDCAP reserves the right at its discretion to prohibit any link from any other internet site or equivalent entity to materials or information on this site. Without prejudice to that, any link to material or information on this site must be neither misleading nor deceptive and must fairly indicate WORLDCAP as the destination of the link. Email Page: Contact us Have you got any questions about our developments or about us? Would you like more information about our latest Las Vegas project or about any others? Would you like us to contact you? If so, then please fill in the form on this page, with a brief description of how we can help you, and we will try to respond as soon as possible. Your form is being submitted... One moment please... Thank you for your enquiry. We will be in touch as soon as possible. To continue, choose any menu item below. Email your CV Page: Email your CV At World Capital Partners we believe strongly in quality at every level. Although we haven't got any immediate vacancies at the moment, we are always keen to hear from good quality people. If you think you have got what it takes to form part of global team of dynamic property developers, feel free to send us your CV. Email: careers@worldcapitalpartners.co.uk Or, by post: World Capital Partners Ltd. F.A.O. Human Resources Manager The Lloyd's Building 4th Floor 12 Leadenhall Street London EC3V 1LP Exclusivity Page: Investor Exclusivity At World Capital Partners we believe in building a unique long term relationship with our clients. We recognise that a successful property portfolio must remain active and that circumstances and criteria can change. Some of our developments will match your criteria, others may not. Similarly, the global property marketplace is continually changing and as such, we must keep abreast of these changes to retain competitive edge and offer highly attractive property investments for our clients. "The majority of good property investment deals are snapped up privately before they are announced to the open market" Rod Nielsen, Chief Executive, World Capital Partners Las Vegas Page 1: Las Vegas real estate, a lucrative option. Having searched the world looking for opportunities to invest in property, rarely have we found a location with the wealth creating potential of Las Vegas. As an investment opportunity, the city has a powerful combination of the factors that satisfy the fundamentals of sound property investment. Las Vegas Page 2: Property appreciation, the highest in America. In 2004, house prices in Las Vegas rose by 40%, almost four times the US average. And since 1990, the city's population has doubled to around 1.7million in greater Las Vegas - its draw of low business tax rates, high employment and no State Tax proving significant. In the last year alone, 37,000 new jobs were created*. Building the future With Donald Trump building a new tower on the Strip, and MGM Mirage about to unleash a new 5 billion dollar** development next to the Bellagio(r) hotel, Las Vegas employment and tourist trade will continue to increase in the years ahead. Visitor numbers have been rising year on year from 28 million in 1994 to 37 million in 2004***. * Source: CLV Office of Business Development, State of Nevada Commission on Economic Development, 2004 ** Source: MGM Mirage financial releases, September 15, 2005 *** Source: Financial Times, May 2005 Las Vegas Page 3: Fort Apache The Fort Apache development sits on a 10 acre corner site bounded by Hacienda Avenue and Fort Apache Road. The residences include 380 apartments in a variety of one, two and three bedroom designs, all of them equipped to very high standards in materials and finishes. We are proud to offer Fort Apache as an exclusive Mixed Use development that carefully combines residential properties with commercial and retail concerns to create a unique and self contained community. From an investment point of view, the mix of units ensures that the Las Vegas Fort Apache community will accommodate a wide variety of tastes and needs, thereby ensuring a ready and consistent market for all the apartments. Las Vegas Page 4: Fort Apache Each apartment will be designed, built and finished to the highest standards. Practical, spacious and luxurious living is at the heart of this development. A true sense of community will exist within our Fort Apache development with its mix of living, working and entertaining. Key Development Facts: 10 Acre site Retail space: 111,000 sq. ft. Office space: 95,000 sq. ft. 380 Residential apartments as: 105 x 1 bedroom, 250 x 2 bedroom, 25 x 3 bedroom Parking for 619 residents and 76 guest spaces Boutiques, Restaurants, Sports facilities Typical floorplan of a 2 bedroom apartment on Fort Apache. (Final design could be subject to change) Las Vegas Page 5: Fort Apache - the site development team The team we have put together to design and build our exciting new Fort Apache development is formed from the most experienced and respected professional firms in the USA. They represent an exciting blend of flair, skill and in-depth background knowledge of the Las Vegas physical and social environments. G.C. Wallace Structural Engineers With over 350 staff in Nevada alone, GC Wallace provides the complete range of civil engineering services. They are immensely experienced and highly respected for their many successful public and private projects in the state, including major residential, commercial and resort properties. www.gcwallace.com Gensler Architects & Designers America's largest architectural and interior design firm, Gensler is ranked in the world's top five architects. They are global in scale, entrepreneurial in philosophy and renowned for their teamwork, innovation and the creation of real value. www.gensler.com Jones Vargas Lawyers One of Nevada's oldest and most prestigious law firms, Jones Vargas has earned an enviable reputation for its ability to handle the most sophisticated and demanding legal matters. Many of their senior people have held prominent positions in the state including Speaker of the Assembly, Senate Majority Leader, District Court Judge, and District Attorney. www.jonesvargas.com Matt Construction Building Contractors One of America's most respected building firms, Matt Construction offers a full range of preconstruction and construction services. Some of their recent work has included projects for Disney and Sony Picture Studios. www.mattconstruction.com Las Vegas Page 6: How do the options work? The best way to illustrate this is by giving an example: - You are interested in a 2 bedroom apartment in Las Vegas Fort Apache. - The valuation price is $480,000. - You take out an Option to buy at an off-plan discounted price of $420,000. - You pay the Option price of $60,000. - Near completion of the property, which will be roughly 24 months later, you get the opportunity to exercise your option to buy or to let it lapse. - Should you wish to buy, your Option price will go down as a deposit against the purchase price of $420,000. You will have to make arrangements to finance the remaining $360,000. - Should you decide to let your Option lapse, we will carry out a current valuation of the property and pay you back your original Option price of $60,000 plus any difference in price between current valuation and purchase price up to a maximum of 80% of your initial Option price. Let's say the property is still valued at $480,000. Your purchase price was $420,000. The difference between those two amounts is $60,000. You will therefore receive the maximum return of 80%, meaning that we will pay you $60,000 + $48,000 = $108,000. Off-Plan Page: Buying Off-Plan Because of our total involvement, we are able to offer clients* the added incentive of buying off-plan - before the development part of the process begins. This not only allows us to give substantial discounts against the purchase price for our clients, but also to pass on a share of the property appreciation accruing during the development phase. *Our products are offered to and apply only to residents of the UK, Republic of Ireland and Isle of Man or elsewhere where permitted by law. Our Locations Page: North America Suite 133 2620 Regatta Drive Las Vegas Nevada United Kingdom (Head Office) The Lloyd's Building 4th Floor 12 Leadenhall Street London EC3V 1LP New Zealand 18 Viaduct Harbour Auckland (Registered Offiice) Level 3 Corner of Church Lane and Earl Street Queenstown Our Partners Page: Our Partners For every development we carefully select from a network of partners across the world, each specialist in their field. These include Architects, Engineers, Lawyers and Accountants. We believe in developing long term relationships with our partners, as well as our clients. Some of these relationships stretch back over decades. Our core partners are affiliated with our main offices in the UK, New Zealand and the USA and include: Surveyors: Aurum Survey Consultants Ltd. PO Box 1493 Queenstown New Zealand www.ascl.co.nz Bankers: Barclays Bank Plc 36 - 38 Park Royal Road London NW10 7JA www.barclays.co.uk Accountants: BDO Spicers PO Box 33673 BDO House 29 Northcroft Street Takapuna, Auckland www.bdospicers.co.nz Taxation Advisers: Chiltern Plc 3 Sheldon Square London W2 6PS www.chilternplc.com Lawyers: C S Withnall QC, LLB PO Box 5283 Dunedin Surveyor and Engineers: G C Wallace 1555 S. Rainbow Boulevard Las Vegas NV 89146 www.gcwallace.com Architects: Gensler 48 Wall Street Suite 900 New York NY 10005 www.gensler.com Engineers: Holmes Consulting Group 3 Church Street PO Box 1266 Queenstown New Zealand www.holmesgroup.com Resource Planning: John Edmonds & Associates Ltd. 36 Shotover Street Queenstown New Zealand info@jea.co.nz Lawyers: Jones Vargas 3773 Howard Hughes Parkway Third Floor, South Las Vegas NV 89109 www.jonesvargas.com Lawyers: Manches LLP Aldwych House 81 Aldwych London WC2B 4RP www.manches.com Contractor: Matt Construction 6416 South Arville Las Vegas NV 89118 www.mattconstruction.com Accountants: Moores Rowland LLP 3 Sheldon Square London W2 6PS www.mri-mooresrowland.com Lawyers: R B Stewart QC, LLB MA (Oxon) 11th Floor 20 Waterloo Quadrant Waterloo Towers Auckland Lawyers: Ross & Whitney Solicitors L6, 128 Broadway Newmarket PO Box 1822 Auckland www.rosswhitney.co.nz Accountants: RSM McGladrey 300 South 4th Street, Ste 600, Las Vegas NV 89101 - 6017 www.rsmmcgladrey.com Marketing: TDG Creative Solutions The Galleria, Station Road Crawley RH10 1HY www.tdg-creative.com Architects: Walker Architects Level 5 48 Courthouse Lane Auckland New Zealand www.walker.co.nz Engineers: Weber Consulting Ltd. PO Box 1587 Queenstown New Zealand weber@weberconsulting.co.nz Our People Page: Our People At the heart of our success are our people, the teams of dedicated and highly experienced individuals that work together to provide seamless solutions and deliver the completed developments on time, on budget and to an unrivalled standard. We are a company that strives for success at every level. We are continually looking to further strengthen our team and our position as one of the world's most dynamic and successful property investment companies. "Our teams of experienced experts throughout the world drive our success and strengthen our position" Rod Nielsen, Chief Executive, World Capital Partners Our Philosophy Page: Our Philosophy Property has long been regarded as an investment for growth, appealing as a long term asset as well as a way of capitalising on medium term investment - yielding returns through equity gain. The key however, is to invest wisely. There are many factors that contribute to successful property investment - factors that go far beyond the bricks and mortar themselves. At World Capital Partners, we not only recognise this, we embrace it. Our fully integrated approach means that we can identify the opportunities globally, capitalise on their potential and offer our clients higher returns. Recent Success Stories Page 1: Recent Success Stories We're proud of the achievements of our group of companies throughout the world, so much that we want to share our success with you. Our developments are located throughout the world, most recently in Auckland and Queenstown in New Zealand and in Las Vegas, USA. Each has its own unique identity and superior level of quality, but all share our creative flair and passion for success. Recent Success Stories Page 2: Ellerslie Oaks, Auckland, New Zealand 50 two bedroom, low level, terrace houses. Originally sold around NZ$249k, making a total value of NZ$12.4m. Current value of each house is estimated at NZ$350k. Greenwich Park Auckland, New Zealand Completed 2000. 85 two bedroom town houses. Average off-plan price was NZ$255k, making total value NZ$21.675m Current value of each house is estimated at NZ$350k. Heritage Villas (Stage1) Queenstown, New Zealand Completed mid 2003. 20 two level, three bedroom apartments with individual garaging on Fernhill. All looking directly over the lake. They are under a management lease to Heritage Hotel and purchasers have unlimited use. Average off-plan price was NZ$840k, making a total value of NZ$16.8m. Current value of each apartment is estimated at NZ$1m. Lake Hayes, New Zealand 13 lifestyle blocks overlooking Lake Hayes, one of the most photographed lakes in New Zealand and an area of outstanding natural beauty. Average off-plan price NZ$1.5m, making a total value of NZ$19.5m. Symonds Street Auckland, New Zealand Completed 2001. 18 two level, two bedroom terrace houses. Average off-plan price was NZ$360k, making a total value of NZ$6.48m. Current value for each house is estimated at NZ$400k. The Process Page: The Investment Process Becoming a client of World Capital Partners has the added incentive of being straightforward. The process is simple and structured yet encompasses the flexibility to offer true financial freedom with each and every investment you make. We like to define the process by three key stages or steps to success - although the work that is undertaken and the expertise applied at each stage goes far deeper than this. 1. Select and invest Select property or properties. Then sign one or more Option agreements and pay the deposits. 2. Watch your property investment grow On average the construction period will be 24 months. 3. Decide how to proceed Near completion of the property, you will have the following choices: a. lapse Option and receive a refund of your deposit, plus a share of the increase of the appraised value of the property - up to 80% of the initial Option price. b. to proceed with full purchase of your property at the agreed discounted price.