As you probably know, there has been an outbreak of Coronavirus (COVID-19) in the United Kingdom, which has caused disruption nationally across many industry sectors and has unfortunately resulted in loss of life.
At 79th Luxury Living, we would just like to personally assure our partners, investors and other business relations that the outbreak has not, and will not cause any disruption to our business operations, including any of our developments, and 79th Luxury Living is on track to meet all of its financial targets this year. As you may of heard via various news articles, the UK government is taking a pro-business approach to combat coronavirus by avoiding government lockdown and probably reducing interest rates.
CEO David Webster comments: “As the CEO of 79th Luxury Living, I have successfully navigated through multiple recessions and turbulent markets, with operating in distressed markets becoming my speciality over the years and the opportunities being offered to us now are exactly what we target as company assets to achieve a large capital growth and income alike.”
Whilst the COVID-19 outbreak is very unfortunate for the global population, this creates opportunity for our company to take advantage of an increase of people panic selling assets to us at significantly discounted prices, reduced interest rates from high street lenders enabling us to refinance quicker and at a cheaper rate, therefore creating a positive financial outlook for us for the remainder of this year.
The unreliability of stocks and shares, oil and other traditional investments are now deemed to be unstable, and based on this fact, we have seen a surge in interest from overseas property investors contacting us looking to add stability to their portfolio.
I can confirm our business will operate as usual regardless of the severity of the outbreak.
If you have any questions or would like more information, please don’t hesitate to contact us by
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