SAN DIEGO – (COMMERCIAL THREAD) –ETHOS ASSET MANAGEMENT INC USA announced a new long-term funding partnership with Dermaskin Ltd., with a significant capital infusion of Â£ 4million, which will continue for several years. This will allow the Cardiff-based property development company to deliver 17 apartments with associated parking.
This project offers a development project located at the corner of Cathedral Road and Sophia Close, a tree-lined street leading to Sport Wales National Center and Bute Park.
The development is located in one of Cardiff’s most desirable residential areas. The site is in a designated conservation area a short walk from Cardiff city center with excellent public transport links all close by.
Carlos Santos, President and CEO of Ethos, said: âWe are delighted to partner with Dermaskin Ltd. the last fourteen years. The project is very well positioned to be a successful sale with 50% of the properties projected to be sold off plan alone. Ethos is proud to be part of such a unique and prestigious project and particularly delighted to have entered into our first agreement in Wales as we continue our commitment to invest in European markets.
Dr Sid Gautam, Founder and CEO of Dermaskin Ltd., said: âWe are delighted to be associated with Ethos and look forward to forging a long term relationship with Carlos and his entire team. Over the next five years, our group’s goals are to bring over Â£ 50million of premier, high-quality real estate projects to the UK market with the invaluable support of Ethos, our preferred partner.
About Ethos Asset Management:
Ethos Asset Management (Ethos) is an independent US-based company with a global reach in resource mobilization and project finance. By providing financing to public and private projects on all continents and in all sectors, Ethos has developed a unique risk modulation model that allows them to provide financing on terms that are not available anywhere on the financial markets. traditional. In addition, Ethos provides advice on structuring projects and restructuring debt. Ethos supports and develops its clients to navigate changing market environments to achieve their long term goals with confidence.
You can hear Carlos Santos, CEO of Ethos, in Dubai, where he is a guest speaker and panelist at the Leaders Without Borders Leadership Summit and International Honors, the # 1 gathering of top professionals from around the world, at the Habtoor Palace, Dubai, September 29-30, 2021.
For more information on Ethos, please visit: https://www.ethosasset.com/
About Dermaskin Ltd:
âFounded as a general and specialist medical center in Wales and the South West, the group has branched out into real estate developments of the highest standard. The vision of the founder, Dr. Gautam is ‘Luxe, Integrity and Distinction’ and it is with this motto that the group has forged its vision for the future.
For more information about Dermaskin Ltd, please visit: http://www.dermaskin.co.uk/property