Intelligent Land Investments

Type: Limited Company(Ltd)
Founded: 2005
Headquarters: Hamilton, Scotland
Key People: Mark Wilson, Managing Director
Michael Kelly, Non-executive Director
Gordon Ash, Non-executive Director
Industry: Investment management
Website: www.ilandi.com

Intelligent Land Investments Ltd (ILI) is an independent investment management company based in Hamilton, South Lanarkshire. ILI operates a number of investment funds in real estate primarily with high residential development potential.

The investment funds operate as non-listed Public Limited Companies (Plc) which purchase strategic land sites and represents them through the Local Authority planning process with aim to sell them at profit. They offer private investors the opportunity to invest in the fund at the initial stage and share in the profits once the land has been sold. The practice of investing in land is becoming more popular with the benefit of it being a tangible asset.

History

ILI was formed in 2005 as a private limited company. They have two live funds at present, ILI (One) Plc and ILI (Dalshannon) Plc. Shares in ILI (One) Plc were sold from 2006 to 2007.[1] The fund owns a site in Glenboig. ILI (Dalshannon) Plc shares were sold in 2008 and 2009 and the fund owns a site in Dalshannon, Cumbernauld. Both sites are within the North Lanarkshire council area in Scotland.

In 2007 former Lord Provost of Glasgow, Michael Kelly was appointed a non-executive director of ILI, having previously supported the company in a consultancy role. In June 2007 ILI moved from its original location in Westburn, Cambuslang to new premises in Hamilton, South Lanarkshire.

In 2008 Gordon Ash was appointed a non-executive director.

In 2009 managing director Mark Wilson launched a second investment management company Intelligent Land Investments (Renewable Energy) Ltd. Mark Wilson is also the director of at least nineteen other (Renewable Energy) companies, the majority of which are "dormant".

Background

ILI offers private investors the opportunity to invest in non-listed Plcs with the aim to secure land without planning permission. If planning permission is achieved the land can be sold to housing developers, the profit being shared among the investors. ILI work in line with 2007 UK government policies on the shortage of housing, and aim to help solve the affordable housing issues in Scotland.[2][3]

An extremely dubious outfit that is best avoided.

See also

Investment management
Renewable energy commercialization
Wind Power in Scotland
Renewables Obligation
The European Wind Energy Association
The Carbon Trust
Feed-in Tariff

References

  1. ↑ Keystone, Issue 30 http://www.flagshipmedia.co.uk/keystone.htm
  2. ↑ "Homes for Scotland's People: A Scottish Housing Policy Statement". Scotland.gov.uk. 2006-03-13. Retrieved 2012-08-01.
  3. ↑ The Sunday Herald, February 2008 http://www.sundayherald.com/business/businessnews/display.var.1997042.0.boost_for_affordable_homes.php

External links

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