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Important Information

1. IMPORTANT INFORMATION

This website is operated by Savills IM Holdings Ltd and its subsidiary undertakings, including Savills Investment Management LLP, a limited liability partnership authorised and regulated by the Financial Conduct Authority (“FCA”) (Firm Reference Number: 615368) in the United Kingdom to carry out certain investment and insurance distribution activities and DRC Savills Investment Management LLP, a limited liability partnership authorised and regulated by the FCA (Firm Reference Number: 574874) in the United Kingdom to carry out certain investment distribution activities.  The registered office for both entities is 33 Margaret Street, London W1G 0JD. The information on this website may refer to either or both of these entities along with the wholly owned subsidiaries of each, as listed on the Regulation page of this website, together (“the Savills Investment Management Group”, “we”, “us” and “our”). Property is not a financial Instrument as defined by Directive 2014/65/EU (“EU MiFID II“), and as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018, (“UK MiFID II“). Consequently, the direct investment into, and management of, property is not regulated by the FCA.

These terms and conditions govern your access and use of this website. By accessing this website, you are indicating that you have read and accepted these terms and conditions, along with any terms expressly incorporated by reference.

2. TARGET AUDIENCE

The content contained within this website has been prepared for institutional investors only, and by having accepted the terms when entering the site, you therefore confirm that you acknowledge this. For persons accessing the website from the EEA, or who are otherwise domiciled or with a registered office in the EEA, this means that you are confirming that you meet the criteria to be a “professional client” in accordance with Article 4(1)(10) of MiFID II. For persons accessing the website from the UK, or who are otherwise domiciled or with a registered office in the UK, this means that you are confirming that you meet the criteria to be a “professional client” in accordance with UK MiFID II, or you are someone who may lawfully access this website.

Information contained within this website should not be forwarded or communicated to any other investor type. The dissemination of the information contained on this website is only intended for institutional investors in countries where Savills Investment Management LLP, DRC Savills Investment Management LLP, or any other relevant Savills undertaking (as appropriate) may make such material available. This information is not intended to be accessed by investors in jurisdictions where there is no such permission to do so. Users in such geographies should not access or act upon information contained on this website.  The information contained here should not be regarded as an offer to purchase investment units.

In the UK, to the extent information contained on this website constitutes a financial or a scheme promotion for the purpose of s. 21 of the Financial Services and Markets Act 2000 (“FSMA“), this website may only be accessed by (i) “investment professionals” falling within Article 14(5) of the FSMA (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 (“PCIS Order“) who have professional experience in matters related to investments; (ii) persons falling within any of the categories (a) to (a) of Article 22(2) of the PCIS Order (broadly, companies with net assets of £5 million sterling or more and trustees of trusts with assets of £10 million sterling or more, or any person acting in the capacity as director, officer or employee of such an entity where that person’s responsibilities when acting in that capacity involve him in the entity’s engaging in investment activity); or (iii) any other person to whom it may otherwise lawfully be communicated.

We reserve the right to prohibit or restrict access to or use of this website by any person or in any jurisdiction.

3. NO OFFER, ADVICE OR RECOMMENDATION

Nothing on the following pages shall be regarded or taken as financial advice. Access to the website is provided on the condition that it is for institutional investors to receive such information only and does not constitute an offer to enter into any contract or agreement, nor is it a solicitation of an offer to buy or sell investments in any jurisdiction.

4. RISK WARNING TO ALL POTENTIAL INVESTORS

Please remember that past performance is not necessarily a guide to future performance, and no representation or warranty is made regarding future performance. The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and investors may not get back the amount originally invested. Tax assumptions may change if the law changes, and independent advice should be sought. Property or, where appropriate, debt secured on Properties can be difficult to sell, and it may be difficult to realise your investment when you want to.

5. OTHER COUNTRIES

The information described within this website is not available in all countries, and nothing contained on this website constitutes an offer or solicitation to anyone in any jurisdiction where such an offer is not lawful or to anyone to whom it is unlawful to make such an offer or solicitation. By using this website you consent to these terms and conditions and confirm that you are aware of the laws in your own jurisdiction relating to the provision and sale of funds and any related financial services products, services or advice.

6. DISCLAIMER

Whilst reasonable care is taken to ensure that information contained on this website is accurate, we do not guarantee its accuracy, adequacy or completeness. We reserve the right to change the information on this website (including these terms and conditions) at any time without notice. You must check these terms and conditions for changes each time you intend to use this website. Your use of this website following such amendments constitutes your acceptance of these terms and conditions as amended.

We provide this website on an “as is” basis and make no representations or warranties of any kind with respect to this website or the content contained on it (including any text, graphics, advertisements, links or other items) and disclaim all such representations and warranties. In addition, neither we nor any other contributor to this website make any representation or give any warranty, condition, undertaking or term either express or implied as to the condition, quality, performance, accuracy, suitability, fitness for purpose, completeness, or freedom from viruses of the content contained on this website or that such content will be accurate, up-to-date, uninterrupted or error free.

7. LIABILITY AND INDEMNITY

YOU ACKNOWLEDGE THAT YOU ARE SOLELY RESPONSIBLE FOR THE USE TO WHICH YOU PUT THIS WEBSITE AND ALL THE RESULTS AND INFORMATION YOU OBTAIN FROM IT AND THAT ALL WARRANTIES, CONDITIONS, UNDERTAKINGS, REPRESENTATIONS AND TERMS WHICH MAY APPLY TO YOU, THIS WEBSITE OR ANY CONTENT ON IT, WHETHER EXPRESSED OR IMPLIED, STATUTORY OR OTHERWISE ARE HEREBY EXCLUDED TO THE FULLEST EXTENT PERMITTED BY LAW.

Nothing in these terms and conditions shall restrict or exclude any liability that we have to any party that cannot be excluded or restricted as a matter of applicable law, including for death or personal injury arising out of our negligence or for fraudulent misrepresentation. We and all contributors to this website hereby disclaim to the fullest extent permitted by law all liability for any loss or damage including any consequential or indirect loss or damage incurred by you, whether arising in tort, contract or otherwise, and arising out of or in relation to or in connection with: (i) your access to or use of or inability to use this website or the content made available on this website; or (ii) use of, or reliance on, any content made available via this website whether or not the circumstances giving rise to such cause may have been within our control, or of any vendor providing software or services support. In particular, we shall not be liable for any indirect, incidental or consequential loss or damage.

You shall indemnify us from and against all actions, claims, proceedings, costs and damages (including any damages or compensation paid by us on the advice of our legal advisors to compromise or settle any claim) and all legal costs or expenses arising out of your use of this website and any breach by you of these terms and conditions.

8. INTELLECTUAL PROPERTY RIGHTS

We are the owner or the licensee of all intellectual property rights in this website and in the material published or otherwise made available on it. These works are protected by intellectual property rights, including copyright laws. All such rights are reserved.

You may not make a permanent copy of or reproduce this website or any of its contents in any form. You may not reproduce or incorporate this website or any of its contents into any other website. You may only print or cache temporary copies of the content for your own personal non-commercial use.

We welcome links to this website from relevant third party websites. However, if requested in writing by us, links must be removed within 24 hours.

“Savills Investment Management” and “DRC Savills Investment Management” and the corresponding logos are trademarks registered in our names in the UK and other parts of the world. Reproduction of these trademarks other than in order to view this website is prohibited. Nothing on this website should be construed as granting any licence or rights to use or distribute any site content without our express written agreement.

9. SITE ACCESS, INTERRUPTIONS AND OMISSIONS IN THIS SERVICE

We reserve the right to suspend, withdraw, restrict or amend all or any part of the service provided by this website at any time without notice or liability to you. We do not accept responsibility as to the operation, functionality or availability of this website, or warrant that the use of this website will be free from delay, interruption, interception or error.

Whilst we take every care to ensure that the standard of this website remains high and to maintain the continuity of it, the internet is not always a stable medium and errors, omissions, interruptions of service and delays may occur at any time, often due to factors outside of our control. As a result, we do not accept any ongoing obligation or responsibility to operate this website (or any particular part of it).

You must not violate the security of this website or attempt to do so. You must not attempt to gain unauthorised access to this website, the server on which this website is stored or any server, computer or database connected to this website.

You may not do anything that could interfere with the functioning of this website, restrict or inhibit others from accessing or using it, or result in the transmission of a denial-of-service attack, distributed denial-of-service attack, virus, worm, time bomb, logic bomb, Trojan horse or other harmful material.

You must not use this website in any way that causes, or may cause damage to us, this website or this website’s availability or accessibility. In addition, you must not use this website in any way which is unlawful, illegal, fraudulent or harmful or in connection with any unlawful, illegal, fraudulent or harmful purpose or activity or to transmit or send unsolicited commercial communications.

We will take reasonable precautions to ensure the security of this website. However, please note that the transmission of information via the internet is not completely secure.

We will not be liable for any loss or damage caused by a denial-of-service attack, viruses or other technologically harmful material that may infect your computer equipment, computer programs, data or other material due to your use of this website or to your downloading of any material posted on it, or on any website linked to it. 

10. TERMINATION

We have the right to terminate your access to this website at any time and in any event if you commit any breach of these terms and conditions. We shall have no liability to you for such termination. In the event that your access to this website is terminated, the remaining provisions of these terms and conditions will continue to apply.

11. INVALIDITY

If any part of our terms and conditions is found invalid or unenforceable (including any provision in which we exclude our liability to you), that provision shall be enforced to the maximum extent possible and the enforceability of any other part of these terms and conditions will not be affected.

12. LINKS

This website may contain links to third party websites over which we have no control.  We assume no responsibility for the content of third-party websites or resources and accept no responsibility  for any losses which may arise to you from your use of them. The presence of a link to a third party does not necessarily mean that we endorse that site or have any association with the proprietor of that website. These third-party websites will have their own terms and conditions of use, and your use of them and your relationship with their owners and/or operators will be governed by such terms and conditions.

13. GOVERNING LAW AND JURISDICTION

The terms and conditions  and all matters arising in connection therewith shall be governed exclusively by English law except for the information provided by: (i) Savills Investment Management SGR S.p.A. which is governed by Italian law; and (ii) Savills Investment Management Asia Ltd (Japan branch) which is governed by Japanese law.

The English courts will have the exclusive jurisdiction over any matters arising from or related to these terms and conditions and this website except that: [All disputes relevant to the  information provided by Savills Investment Management Asia Ltd (Japan branch)  shall be subject to the exclusive jurisdiction of Tokyo District Court as court of first instance.]

14. DATA PROTECTION

These terms and conditions should be read in conjunction with our Privacy and Cookies Policy, which provides details of the basis upon which we process any personal data that we collect from you, or that you provide to us, including via this website.

 

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Terms & Conditions

Important Information
Please read this important information and terms and conditions before entering the website. Access to information about Savills Investment Management’s property investment schemes (“the funds”) is restricted in the United Kingdom and other jurisdictions.

 

Information only
The following pages are provided by Savills Investment Management (UK) Limited, Savills Investment Management SGR S.p.A, Savills Investment Management (Jersey) Limited, Savills Investment Management , SAVILLS INVESTMENT MANAGEMENT (LUXEMBOURG) S.A.R.L (where relevant to the funds they operate) whose holding entity is Savills Investment Management LLP of 33 Margaret Street, London W1G 0JD, a limited partnership registered in England, number: OC306423

The dissemination of the information contained on this website is only allowed in countries where the investment management company has notified or received permission from the local supervisory authorities. If no such notification has been received then no such permission has been granted, the information contained here may not be regarded as an offer to purchase investment units.

Nothing on the following pages shall be regarded or taken as financial advice. Therefore access to the following pages is on condition that it is to receive information only and does not constitute an offer to enter into any contract or agreement nor is it a solicitation to buy or sell investments. Past performance is not necessarily a guide to future performance.

Any past performance details within this website are not an indication of future performance and any investment in the funds may result in a loss of an investors’ capital.

 

United Kingdom
All the funds are categorised as unregulated collective investment schemes. They are not authorised schemes and cannot be marketed to the general public. This website is directed only at persons having professional experience of participating in unregulated schemes and that the units within this website are available only to such persons or such other persons that may be lawfully promoted to under the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes)(Exemptions) Order 2001 or under COBS 4.12 (“non-mainstream pooled investments”). Persons who do not have professional experience in participating in unregulated schemes , or who do not fall within any of the categories indicated in the previous sentence should not rely on it. Any reference to ‘Retail Fund’ in the name of a fund refers to ‘retail property’ and should not be read as being a fund designed for ‘retail investors or members of the general public If you are a member of the general public you are not permitted to access this section of the website. You may, however, obtain information through your authorised financial adviser.

 

Germany
The information on Investment Opportunities provided on this website is only directed at professional and semi-professional investors according to Section 1 Paragraph 19 No. 32 and No. 33 Kapitalanlagegesetzbuch (KAGB). It is explicitly not directed at private persons.The sole binding basis for the purchase of investment units is the valid Sales Prospectus in conjunction with the most recent Annual Report and/or Semi-annual Report for the Fund respectively the key investor information documents.

 

Italy
If you are in Italy, you may only access the pages to view information regarding funds operated by Savills Investment Management SGR and authorised for distribution in the Republic of Italy. This restriction applies to the information in whatever language it appears on the website. The information regarding the Savills Investment Management SGR funds is provided by Savills Investment Management SGR S.p.A. Information regarding the funds operated by Savills Investment Management SGR does not constitute an offer or solicitation to subscribe or purchase units of the funds operated by Savills Investment Management SGR S.p.A.or, more generally, financial instruments or financial products and does not promote or recommend, nor are intended to promote, recommend or distribute, any form of financial investment, financial instrument or financial product.

Such information should not be considered as investment recommendations or advice and the data contained therein does not guarantee achievement of specific financial results in the future.Before deciding to execute any transaction on the basis of the information obtained – directly and/or indirectly – through this website, it is opportune to seek the advice of an authorized financial intermediary, in order – among other things – to verify if such transaction is compatible with personal needs and/or with economic and financial situation.

 

United States of America (“USA”)
This website information and its contents has not been prepared for and is not for distribution in the USA and does not constitute an offer to sell or an invitation to subscribe for, or the solicitation of an offer to buy any shares in any securities in the USA, to or for a US Person being resident in the USA. For the purpose of this paragraph, the ‘United States of America’ includes its possessions, its territories and all areas subject to its jurisdiction and a ‘US Person’ is a national, citizen or resident of the USA or a corporation or partnership organised under the laws of the USA. The shares or units in any of the funds referred to on this website have not been and will not be registered under the United States Securities Act 1933 or the Investment Company Act 1940.

 

Japan
This website information and its contents has not been prepared for an offer or solicitation, but has been prepared for an informational purpose only. The information and contents do not mean materials for disclosure under the Financial Instruments and Exchange Act. Any information on this website is not a legal or financial professional advice, and is not a provision of any advice for a specific investment.

 

Other Countries
The funds, products and services described on this website are not available in all countries, and nothing contained on this website constitutes an offer or solicitation to anyone in any jurisdiction where such an offer is not lawful or to anyone to whom it is unlawful to make such an offer or solicitation. By using this site you consent to the Terms and Conditions.

 

Luxembourg
“This Website should not be accessed by any person in any jurisdiction where (by reason of that person’s nationality, residence or otherwise) the publication or availability of this Website is prohibited. In particular, the information available on this Website that relates to the Luxembourg specialized investment funds described herein is reserved exclusively for well-informed investors within the meaning of article 2 of the amended Luxembourg law of 13 February 2007 concerning specialised investment funds. In relation to other information, this website is directed only to professional investors and such other persons to whom such information may lawfully be provided. While Savills Investment Management uses reasonable efforts to obtain information from sources which it believes to be reliable, neither Savills Investment Management nor any of its officers, employees, service providers or advisers make any representation that the information or opinions contained on the Website are accurate, reliable or complete. The information and opinions contained on the Website are provided for informational purposes only and are subject to change without notice. Savills Investment Management reserves the right to add, modify or delete information on the Website anytime. Nothing contained on the Website constitutes investment, legal, tax or other advice nor is to be relied on in making an investment or other decision. You should obtain relevant and specific professional advice before making any investment decision relating to any product, service or offer by Savills Investment Management described on this Website. The information and opinions contained on the Website is provided without any warranty of any kind, either express or implied.”

 

Jersey
Savills Investment Management (Jersey) Limited is regulated by the Jersey Financial Services Commission in the conduct of funds services business under the Financial Services (Jersey) Law 1998. Each of the Jersey domiciled funds managed by Savills Investment Management (Jersey) Limited have disclosures contained in the relevant fund prospectus which are appropriate for the offering of those funds in Jersey. Each prospectus also contains details of any restrictions as to criteria for the relevant funds’ investor base.

 

1. Property investment schemes (“Funds”)
The sections on property investment schemes are provided by Savills Investment Management (UK) Limited, a subsidiary of Savills Investment Management LLP, which is authorised and regulated by the Financial Conduct Authority (“FCA”). The information relates to funds operated by Savills Investment Management (UK) Limited or another subsidiary of Savills Investment Management LLP.

An exception is the information regarding the funds operated by Savills Investment Management SGR S.p.A. which is authorised and regulated by the Bank of Italy. This is issued by Savills Investment Management SGR S.p.A.

A further exception is the information regarding the funds operated by Savills Investment Management KVG GmbH. Savills Investment Management KVG GmbH is authorised and regulated by BaFin, the Federal Financial Supervisory Authority in Germany. It is a Kapitalverwaltungsgesellschaft (KVG). This information is issued by Savills Investment Management KVG GmbH.

The information on Investment Opportunities provided on this website is reserved for informed qualified investors, who on the basis of offering documentation, have made their own assessment of the conditions of their participation in the investment vehicles. Accordingly it is the responsibility of prospective investors to determine whether the vehicles with their rights and obligations are suitable for them.

 

2. Disclaimer
Whilst reasonable care is taken to ensure that the information contained on this website is accurate, we cannot guarantee its accuracy and we reserve the right to change the information on this website (including these terms and conditions) at any time without notice. You must check these terms and conditions for changes each time you intend to use this website.

Savills Investment Management LLP provides this website on an “as is” basis and makes no representations or warranties of any kind with respect to this website or the content contained on it (including any text, graphics, advertisements, links or other item) and disclaims all such representations and warranties. In addition, neither we nor any other contributor to this website make any representation or gives any warranty, condition, undertaking or term either express or implied as to the condition, quality, performance, accuracy, suitability, fitness for purpose, completeness, or freedom from viruses of the content contained on this web site or that such content will be accurate, up-to-date, uninterrupted or error free.

 

3. Indemnity
YOU ACKNOWLEDGE THAT YOU ARE SOLELY RESPONSIBLE FOR THE USE TO WHICH YOU PUT THIS WEBSITE AND ALL THE RESULTS AND INFORMATION YOU OBTAIN FROM IT AND THAT ALL WARRANTIES, CONDITIONS, UNDERTAKINGS, REPRESENTATIONS AND TERMS WHETHER EXPRESSED OR IMPLIED, STATUTORY OR OTHERWISE ARE HEREBY EXCLUDED TO THE FULLEST EXTENT PERMITTED BY LAW. HOWEVER, NOTHING IN THESE TERMS AND CONDITIONS IS INTENDED TO LIMIT ANY LIABILITY THAT SAVILLS INVESTMENT MANAGEMENT MAY HAVE UNDER APPLICABLE LAWS AND REGULATION.

Save in respect of liability for death or personal injury arising out of negligence or for fraudulent misrepresentation, we and all contributors to this web site hereby disclaim to the fullest extent permitted by law all liability for any loss or damage including any consequential or indirect loss or damage incurred by you, whether arising in tort, contract or otherwise, and arising out of or in relation to or in connection with your access to or use of or inability to use this web site.

 

4. Copyright
The copyright in this website and its content belong to Savills Investment Management LLP. You may not make a permanent copy of or reproduce this website or any of its contents in any form. You may not reproduce or incorporate this website or any of its contents into any other website. You may only print or cache temporary copies of the content for your own personal non-commercial use. Savills Investment Management LLP welcomes links to this site from relevant third party websites. However, if requested in writing by Savills Investment Management LLP, links must be removed within 24 hours. Savills Investment Management and the Savills Investment Management logo are trademarks registered in the name of Savills Investment Management LLP in the UK and other parts of the world. Reproduction of these trademarks other than in order to view this website is prohibited. Nothing on this site should be construed as granting any licence or rights to use or distribute any site content without express written agreement.

 

5. Interruptions and ommissions in this service
Whilst we take every care to ensure that the standard of this web site remains high and to maintain the continuity of it, the Internet is not always a stable medium, and errors, omissions, interruptions of service and delays may occur at any time. As a result, we do not accept any ongoing obligation or responsibility to operate this web site (or any particular part of it).

 

6. Invalidity
If any part of our terms and conditions is unenforceable (including any provision in which we exclude our liability to you) the enforceability of any other part of these conditions will not be affected.

 

7. Links
This website may contain links to third party web sites over which Savills Investment Management LLP has no control. Savills Investment Management LLP assumes no responsibility for the content of third party websites or for any losses which may arise out of use of a third party website. The presence of a link to a third party does not necessarily mean that Savills Investment Management LLP endorses that site or has any association with the proprietor of that web site.

 

8. Governing Law
These terms and conditions and your use of this web site are governed exclusively by English law except for the information provided by Savills Investment Management SGR S.p.A. which is governed by Italian law.

Notwithstanding the foregoing, as to these terms and conditions and your use of this web site, the information provided by Savills Investment Management Asia Ltd (Japan branch) is governed by Japanese law. All disputes relevant to the use of this web site shall be subject to the agreed exclusive jurisdiction of Tokyo District Court as court of first instance.

 

9. Data Protection
The Savills Investment Management group takes the security and privacy of those of its contacts about which it holds personal information extremely seriously. Savills Investment Management follows strict security procedures in the storage and disclosure of personal information given to us in order to prevent unauthorised access. Personal Data is held on our contacts and administration database either because of work we have undertaken or are currently engaged in, or because our clients have indicated that they would be interested in receiving material from us about our business and services. To that end we hold client contact details and the history of our client relationship. This allows us to manage our client relationships effectively and target items of interest so that clients do not receive unwanted material through the post.

We may use your personal information in our provision of services to you. Please see our Privacy Notice for details of how your personal information will be used.

Savills Investment Management does not sell, rent or deal in the personal information we hold. Information may, in the ordinary course of business, move between different divisions in the Savills Investment Management group or to our contractors, which may involve the transfer of data outside the European Economic Area.

Savills Investment Management LLP is registered on the FCA’s register, Firm Reference Number: 615368 (www.fca.org.uk/register) Registered office: 33 Margaret Street, London W1G 0JD. Registered in England and Wales No OC306423.

Savills Investment Management (UK) Limited is registered on the FCA’s register, Firm Reference Number: 193863 (www.fca.org.uk/register) Registered office: 33 Margaret Street, London W1G 0JD. Registered in England and Wales No 3680998.