THE Helmsley Group of Pocklington will be monitoring the fruits of the huge interest shown in its sponsorship of the Yorkshire Business Convention.
A treasure hunt in a classic car was a wheel-of-fortune prize that lured many delegates to the companies stand.
But less of a gamble, argued staff at the Helmsley Group, was its portfolio of unusual investment- namely syndicated investments in commercial property.
The system, which is much like a number of people investing in a racehorse, can yield for small investors of £25,000 annual returns of between seven and 12 per cent before capital growth.
It was effectively used to buy Coverdale House on Clifton Moor, which at the time was occupied by the Government's Environment Agency.
Richard Peak, a director of the group, said: "We were expecting a good reaction, not least because most of the 1,500 delegates to the show were top decision-makers, and this type of investment is ideally suited to business people who are used to making their own decisions."
Updated: 10:51 Tuesday, June 14, 2005
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