Before investing in real estate investment properties listed on our Website, you should consider (among others) the factors set out below. The risks identified below are not intended to be exhaustive and prospective investors are encouraged to seek independent professional advice on the implications of investing in real estate.
Each real estate investment property listed on our Website will be held through a separate segregated portfolio within a Cayman Islands segregated portfolio company and may not be a suitable investment for all prospective investors. The nature of the investment involves certain risks and is suitable only for investors:
(a) who believe the investment is suitable based upon their own investment objectives and financial needs;
(b) have no need for liquidity in their investment;
(c) for whom the investment does not constitute a complete investment programme; and
(d) who are able to bear the loss of a substantial portion of, or even their entire, investment.
There can be no assurance given that projected returns on an investment property will be achieved and investment results may vary substantially from investment to investment.
Under the terms and conditions of each investment, investors may not withdraw from the investment until the investment property is sold at the end of the projected term and prospective investors will need to be committed to the investment for at least the term of investment set out in the Investment Memorandum and Investment Agreement. In addition, under the Terms and Conditions no investor may transfer or assign any of its interests, rights or obligations with respect to an investment. As a consequence, investments in the real estate investment properties listed on our Website are not suitable as short term investments, and investors are encouraged to take advice on their personal circumstances.
The securities offered on the Site have not been registered under the Securities Act of 1933, in reliance on the exemptive provisions of Section 4(a)(2) of the Securities Act and Regulation D and Rule 506, and/or Regulation S, promulgated thereunder. Securities sold through private placements are restricted and not publicly traded, and are therefore illiquid. Neither the U.S. Securities and Exchange Commission nor any state securities commission or other regulatory authority has approved, passed upon or endorsed the merits of any offering on this Website. Durise is not a registered broker-dealer, funding portal, or investment advisor and does not conduct any activity that would require such registration. Equity securities are offered through Wealthforge member FINRA/SIPC. Wealthforge has developed a business continuity plan on how they will respond to events that significantly disrupt business. Wealthforge is located at 6800 Paragon Pl Ste 237, Richmond, VA 23230, United States tel: +1 804-308-0431.
All real estate investments are subject to some degree of risk. For example, real estate investments are relatively illiquid. No assurances can be given that the fair market value of any real estate investment will not decrease in the future or that the investors will recognize full value for any investment. Investments in real estate and real estate-related entities are subject to long-term cyclical trends that give rise to significant volatility in real estate values. The ability to realize anticipated rental income will depend, among other factors, on the financial reliability of its tenants, the location and attractiveness of the property, the supply of comparable space in the areas in which it is located and general economic conditions.
Other risks include changes in zoning, building, environmental and other governmental laws, changes in operating expenses, changes in interest rates, changes in the availability of property relative to demand, changes in availability of financing, changes in costs and terms of mortgage loans, changes in oil and energy prices, changes in the relative popularity of properties, the ongoing need for capital improvements, cash-flow risks, construction risks, as well as natural catastrophes.
Investments will also be subject to the general risks associated with the ownership of real property. Such risks include changes in the UAE or GCC Countries’ property market, changes in tenant demand, changes in the financial condition of tenants, changes in property tax rates and landlord/tenant or planning laws, environmental factors, quality of property available, the ability to control service charges and other associated expenditure, the risk of tenant default and the potential illiquidity of property investments (particularly in times of economic downturn). The value of each investment will therefore depend on many factors beyond the control of the property manager and there is no assurance that there will be either a ready market for the investment or that it will be sold at a profit.
Investing in emerging markets such as [Dubai] generally involves certain risks and special considerations not typically associated with investing in more established economies or real estate markets. Such risks may include (i) governmental interference including the risk of restrictions on foreign investment by residents, limits on flows of investment funds from abroad nationalization or expropriation of assets or confiscatory taxation, (ii) social, economic and political uncertainty, including war and political upheaval, (iii) dependence on exports and the corresponding importance of international trade, (iv) price fluctuations, less liquidity and smaller capitalization of securities markets, (v) rates of inflation (including hyperinflation), (vi) governmental involvement in and control over the economies, (vii) differences in auditing and financial reporting standards, (viii) less developed corporate laws regarding fiduciary duties of officers and directors and the protection of investors.
General economic conditions, including interest rates and the price and value of securities, may affect the value of real estate investments. The economy of Dubai may differ unfavorably from the economies of other regions with respect to the rate of growth of gross domestic product, the rate of inflation, capital reinvestment, resource self-sufficiency and balance of payments. There can be no assurance that the economy of Dubai will experience stable economic growth, if any. Changes in international trade, including trade barriers, commodity prices, foreign aid, global securities markets and foreign investment levels may have material adverse effects on the real estate investments listed on our Website.
KEEP IN MIND THAT THE PROJECTED PERFORMANCE OF ANY INVESTMENT IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. YOU SHOULD ONLY COMMIT MONEY THAT YOU CAN AFFORD TO LOSE TO ANY INVESTMENT ON OUR WEBSITE. YOU SHOULD OBTAIN INVESTMENT AND TAX ADVICE FROM YOUR ADVISERS BEFORE DECIDING TO INVEST. DURISE DOES NOT PROVIDE ANY INVESTMENT, LEGAL OR TAX ADVICE AND WILL NOT HAVE ANY LIABILITY FOR ANY LEGAL, INVESTMENT OR TAX ISSUES IN CONNECTION WITH ANY INVESTMENT YOU DECIDE TO MAKE.