Introducing Forest Lakes Country Club:
An Exclusive Luxury Lifestyle Resort in Atlantic Canada

OVERVIEW

FOREST LAKES COUNTRY CLUB WILL BE A LUXURY LIFESTYLE RESORT PACKED WITH AMENITIES AND EMBRACING THE GREAT CANADIAN OUTDOORS. THIS 1000+ ACRE SITE IS LOCATED IN THE MARITIME PROVINCE OF HALIFAX, NOVA SCOTIA, CANADA.

In order to raise additional development capital, Terra Firma Development Corporation, the Development Company for Forest Lakes Country Club, is offering to sell a minority share of the 1,000+ acre site to private investors.

This is a rare opportunity that allows private investors early entry to invest in a luxury lifestyle resort, at a stage normally reserved for larger institutional investors and where the greatest investment returns can be made.

This is a pre-development land investment opportunity. The site is currently undeveloped with full planning permission granted in August 2011.

For a limited period, you can invest from £20,000+ and enjoy up to 108% fixed returns on investment with multiple exit options in 2 to 5 years.

This investment qualifies for inclusion in a Self Invested Personal Pension (SIPP) which is subject to several tax benefits for UK tax payers. It may also qualify for Qualifying Recognised Overseas Pension Scheme (QROPS), which carries tax benefits for UK Expats living overseas.

MAIN FEATURES

On-site amenities at the Forest Lakes Country Club will equal the luxury resort classification and support the natural environment in which it is located. The Forest Lakes Resort will include a wide range of accommodation and the following extensive list of amenities, sports facilities and aqua activities to ensure residents and visitors alike will not need for anything:

• A luxury boutique hotel
• An international conference centre
• Golf course and driving range to be designed by world famous Nicklaus Design
• A variety of commercial outlets
• Luxurious spa facilities
• Gymnasium and Spa
• Tennis
• Indoor and outdoor swimming pools
• Skiing
• Cross-country skiing
• Equestrian facilities
• Walking trails

A series of interconnecting lakes providing access to a wide range of water sports plus easy access to the great Canadian outdoors:

• Boating, sailing and canoeing
• Windsurfing and water-skiing
• Fishing and ice-fishing
• Ice-skating and Ice-curling

THE DEVELOPMENT COMPANY

Terra Firma Development Corporation is offering to sell a small portion of this 1000+ acre land site to private buyers in order to raise additional development capital.

Full planning permission for the Forest Lakes Country Club has been granted in August 2011.

Terra Firma acquires large tracts of land for development. As property developers, they manage all stages of the development project from the initial concept, through the re-zoning process, obtaining planning permission and sub-dividing the land into individual building plots paving the way for the construction of homes and amenities.

INVESTMENT CASE

The Development Company's extensive research shows that a demand for new housing already exists within commuting distance of Halifax - Forest Lakes Country Club will be ideally located within an easy 30 minute drive of the Halifax metro.

There is high demand for new build property within commuting distance to areas with short supply of property and where few new property developments are emerging onto the market. Halifax in Nova Scotia is a primary example of this. The city and its surrounding area is suffering from a shortage of quality accommodation and land designated for new residential development.

Further exacerbating the city’s demand for residential property is the recent announcement that Halifax has won a government shipbuilding contract worth a staggering $25 billion – the largest contract of its type to be awarded in Canada in the last 60 years. The economic impact of such a contract to the Halifax region is significant; between 7,000 and 15,000 new jobs are expected to be created each year for the next 30 years. With the demand for housing about to explode, it is estimated that $80 million will need to be spent on providing homes for Halifax’s population.

The Canadian economy enjoys a healthy position as the world’s 10th biggest nation. Through diligent policies and regulation, Canada has avoided many of the problems that the US has had to face – mountains of public debt, a banking system in crisis, the housing debacle and a weakened currency.

• Canada’s economy, according to the International Monetary Fund (IMF), is expected to grow at a rate of 2.8% in 2011 and 2.6% in 2012
• Canada has the lowest debt burden of any G7 country, according to the IMF, and less than half the per capita debt burden of the U.S.
• Canada has the soundest financial system in the world, according to a report from the World Economic Forum
• Wealthy oil producing nation
• House prices in Canada are 2% undervalued compared with property prices in Europe: in Ireland house prices are overvalued by 30%; Britain 25%; Spain 18%; France, 20% and US,10% Source: International Monetary Fund

CANADA IS WEATHERING THE GLOBAL FINANCIAL STORM BETTER THAN MOST

SIMILAR DEVELOPMENTS HAVE ALREADY SOLD EXTREMELY WELL TO BOTH LOCAL AND OVERSEAS MARKETS

INVESTOR SECURITY

How secure is your investment?

• A completely independent UK-based Trustee Company, Citadel Trustees Ltd will act on your behalf as Escrow Agent in the acquisition of the land and oversee all aspects of your participation.
• The investment is secured by a title deed within the development.
• The liability of this opportunity is limited to the funds you invest.
• Title Insurance is provided by Chicago Title Insurance Company Canada, a wholly owned subsidiary of Fidelity National Financial Inc.; a Fortune 500 company with financial reserves in excess of $1.32 billion.
• The project is being advanced by an experienced and well organised development team with a proven track record.
• The development company, Terra Firma, will retain the majority proportion of the land giving them a vested interest in the success of the project.

Planning permission was achieved in August 2011. For investors investing under the ‘Enhanced Fixed Return’ Schedule, the Development Company is offering a fixed return of between CAD$44 and CAD$50 per m2 on exit that can be applied to the purchase of any residential building plot or for cash once plot sales commence to the public. This fixed return requires a minimum investment level, details of which can be requested from Landcorp International. The length of time to realise your investment is dependent on which exit option you choose (a building plot or cash). The plot option is estimated to be available in 2012. The cash option could take several years to realise as it is dependent on the rate of real estate sales to the retail market which can be influenced by market conditions. All purchases for ‘Forest Lakes Country Club’ in Nova Scotia, Canada will be in Canadian dollars. The amount of land you will receive is dependent on the exchange rate at the time of completion. Landcorp International is not involved in the investment scheme or the development of the land and only acts as an introducer to development land opportunities. Please note that past performance is not a reliable guide to future performance and the value of your investment may go down as well as up. There are no guarantees that your investment will increase in value. This offer is not available for US and Canadian tax residents.