The Property

The real estate is an existing property on the building and open area of Eisenzahnstraße 11-12, 14-16 in Berlin. The building complex of this real estate was erected in 1970 utilising the precast concrete skeleton construction method. The property consists of three buildings with an usable area of 13,120 sqm and 111 underground parking spaces. It is divided into approximately 10,689 sqm of residential units and approximately 2,431 sqm of commercial space. The building complex has between six and nine full floors. In the course of the refurbishment and restoration measures, a former office space will be converted into a luxurious and high-quality penthouse apartment on the 8th floor. The property has a practical floor plan, standard furnishings and is in good overall condition, bearing in mind the age of the building. Since 2016, the property has been undergoing comprehensive refurbishment, with around 200 apartments being renovated. Parts of the first floor are being converted from commercial into residential units, so that the real estate, post-conversion, will feature approximately 280 residential units.

The Apartments

The apartments are to be fitted with "smart-home" solutions, e.g. with remote controls for heating and lighting, that can be controlled by a specially designed app. In addition, it is planned to develop a 370 sqm penthouse apartment. The purchasing target audience for the apartments are today's so-called mobile professionals and lifestyle performers. A lifestyle concept with a lounge, concierge service, restaurant, fitness club and small office area for startups is earmarked for the ground floor. In order to market the project, the issuer is focusing on online marketing as well as social channels and is concentrating on those who are looking for a modern lifestyle in the west of Berlin near Kursfürstendamm. According to the survey by Knight Frank Valuation & Advisory GmbH & Co. KG, the market value of the real estate following the property’s refurbishment is EUR 61.3 million. According to the same survey, the sales value of the individual apartment units is EUR 67.06 million.

The Location

The property is located in the Wilmersdorf district of Berlin, about 2 km southwest of the city center "City West", within walking distance of the Kurfürstendamm. The immediate surroundings are mainly characterized by apartment buildings. With both "Konstanzer Straße" and "Adenauerplatz" underground stations as well as a number of bus stops in the near surrounding area within walking distance, there is good access to the public transportation network.

SCP Eisenzahnstraße 11-16 GmbH & Co. KG is a single-purpose vehicle whose goal is to implement the project outlined above. The company will acquire no further properties and will not undertake any operational activities that do not directly serve the purpose of the company. The general partner is SCP VerwaltungsSektion 03 GmbH, whose managing director is Mr. Einar Skjerven. Einar Skjerven is the founder and managing director of the Skjerven Group. He has more than 20 years of experience in the field of real estate, capital markets, asset and fund management. He has established and managed several listed real estate companies.

The platform iFunded (www.ifunded.de) is a trademark of iEstate GmbH. Under this brand, iEstate GmbH operates a real estate investment platform, targeting private and professional / institutional investors. iFunded offers investments in existing properties and property developments, which can be offered both in the form of publicly and privately offered bonds as well as in the form of privately and publicly placed subordinated loans. iFunded also handles the purchase / sale of properties and provides real estate services, such as the marketing of real estate projects on the platform. For this purpose, iFunded provides the relevant information to investors and / or buyers in virtual data rooms. iFunded is aimed at individuals who make their own decisions or asset managers / consultants with sufficient expertise.

Although the bond is secured, a total loss of the funds invested cannot be ruled out. There is a risk that insufficient funds are available to make the interest payments on the bond or to repay the repayment amount at maturity. The bond is also subject to the risk of limited solvency when the stock exchange is launched; there is a risk that no secondary market will develop for the bond, and that investors who wish to sell their shares will have limited opportunities to find a buyer for the bond. The investors are not entitled to a right to termination of the partial debentures. The risks listed here are not exhaustive. A more comprehensive risk analysis can be found in the published Securities Prospectus of the issuer, which can be accessed electronically via the real estate investment platform www.iFunded.de against and can be requested from the placement agent iEstate GmbH against the receipt of shipping costs.

Disclaimer

The fact sheet represents non-binding preliminary information which serves exclusively for promotional purposes and is not a prospectus within the meaning of the Securities Prospectus Act or a corresponding foreign law.

This fact sheet is neither an offer nor an invitation to submit an offer for the purchase of securities of SCP Eisenzahnstraße 11-16 GmbH & Co. KG nor any other company affiliated with it or the placement agent. The information in this fact sheet does not constitute investment advice. This document may not be construed as an offer or investment advice.

Interested investors should take note of the information on securities and the risks associated with the acquisition of securities in the Securities Prospectus of the issuer before making an investment decision regarding securities of SCP Eisenzahnstraße 11-16 GmbH & Co. KG. It is strongly recommended that you obtain tax and legal advice from a competent third party.

This document may not be reproduced in whole or in part, distributed or published to other persons. Neither the issuer nor, pursuant to Sections 15 et seq. AktG, any related company or their bodies assumes liability for damages or consequential damages arising from incorrect or incomplete information or calculations in this fact sheet.