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Article: New Build News
- Article from:
- The Scotsman
- Article date:
- May 21, 2009
CopyrightCopyright 2009 The Scotsman. Provided by ProQuest LLC. (Hide copyright information)
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Super MaRIO bidders
RETTIE & CO have launched a new website aimed at bringing
together individual property investors and new build properties from
developers, banks and administrators.
The new online bidding website, known as MaRIO (Managed
Residential Investment Opportunities), goes live today and will
enable small investors to benefit from a bulk discount even if they
only buy one or two properties. The initiative is believed to be a
first within the property industry in Scotland.
MaRIO will allow individual investors to take advantage of
historically low interest rates.
At the same time the site will help developers, banks and
administrators in their search for funded or cash-rich ...