Distribution and selling restrictions
a) General - The material on this web-site is issued by MSS Real Estate LLP, which is authorised and regulated by the Financial Services Authority.  The information below is for general guidance only. Further information is available in the Fund Prospectus.  This website does not constitute or form any part of any offer to issue or sell, or any solicitation of any offer to subscribe or purchase, any shares in the Fund in which such a solicitation is unlawful or to any person to whom it is unlawful.  There may be restrictions on the distribution of this information in certain jurisdictions and browsers are required to inform themselves about and to observe any such restrictions. Subscriptions for shares in the Fund should only be made on the terms of the Prospectus and no reliance should be placed on any information herein.  Money laundering regulations are likely to require you to provide additional documentation for identification purposes if you make an investment. Further details are contained in the Prospectus and Application Form.

b) United Kingdom - The funds that may be referred to in this web-site are unregulated collective investment schemes for the purposes of Section 238 of the Financial Services and Markets Act 2000.  Accordingly, this document is only being communicated to persons to whom it may lawfully be issued under The Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes)(Exemptions) Order 2001 and COBS 4.12 of the FSA’s New Conduct of Business Sourcebook.  This information is not, under any circumstances, intended for distribution to the general public.

c) United States - The Shares or Units in the Fund have not been and will not be registered under the Securities Act of the United States (as amended) (“the 1933 Act”) or the securities laws of any of the States of the United States. The Shares or Units may not be offered, sold or delivered directly or indirectly in the United States or to or for the account or benefit of any “US Person” as defined in Regulation S under the 1933 Act except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the 1933 Act and any applicable State laws.

Risk Warnings
The investment program is speculative and entails substantial risks and should not constitute the sole or main investment of any investor’s portfolio. Past performance is no guarantee of future performance. The value of investments in the Fund can go down as well as increase and may be affected by changes in rates of exchange. Investors may not get back the entire amount originally invested. References to future returns are not promises or even estimates of actual returns an investor may achieve. As there is no recognised market for the some of the shares of the funds, it may difficult for an investor to sell or realise the shares or to obtain reliable information about their value or the extent of the risks to which they are exposed. Prospective investors should review the Prospectus carefully and in its entirety and consult with their legal, tax and financial advisers in relation to the legal, tax, financial or other tax consequences of an investment in the Fund.

Accuracy of Information
The information contained on this site (including any expression of opinion or forecast) has been obtained from, or is based on, sources believed MSS Real Estate LLP to be reliable, but is not guaranteed as to its accuracy or completeness. Such information is provided without obligation on the part of MSS Real Estate LLP and its associated companies and on the understanding that any person who acts upon it or changes his investment position in reliance on it does so entirely at his own risk. The information contained on this site does not constitute an offer to buy or sell or an invitation to make an offer to buy or sell shares or interests in any investment fund referred to herein. Information posted on this site is current only as at the date it is first posted and may no longer be true or complete when viewed by you. All information contained on this site may be changed or amended without prior notice although MSS Real Estate LLP does not undertake to update this site regularly.

No Liability
No representation, warranty or undertaking is given as to the accuracy or completeness of the information contained on this site by MSS Real Estate LLP or any of its associated companies and no liability is accepted by such persons for the accuracy or completeness of such information. In no event will MSS Real Estate LLP or any of its associated companies be liable to any person for any direct, indirect, special or consequential damages arising out of any use of the information contained on this site, or on any other hyper-linked site, including, without limitation, any lost profits, business interruption, loss of programmes or data on your equipment, or otherwise, even if MSS Real Estate LLP is expressly advised of the possibility or likelihood of such damages. This does not exclude or restrict any duty or liability that MSS Real Estate LLP has to its customers under the regulatory system in the United Kingdom .

Material Interests
MSS Real Estate LLP, its associated companies and their partners, directors, officers and/or employees may have holdings in the investment funds referred to on this site and may otherwise be interested in transactions that you effect in those funds.

Copyright
This website is subject to copyright with all rights reserved. You may download the information on this website and reproduce it in hard copy for your personal use only. The information contained on this website may not be reproduced, copied or redistributed in whole or in part without the prior written consent of MSS Real Estate LLP.

Data Protection
If you apply for a password to log-in to the password-protected areas of the website, you will be required to provide certain personal information. This information is voluntarily submitted, and it will be held by MSS Real Estate LLP, on a database to ensure compliance with regulatory requirements and for its own internal purposes. By submitting personal information in this way, you are consenting to its use for these purposes.