-
The property is located in Hermsdorf in the Berlin district of Reinickendorf. Living here is becoming more and more attractive for many because the closure of Tegel Airport has been decided and aircraft noise is eliminated. The Berlin Senate therefore expects a strong population growth of 9.4% by 2030. Even the relatively low purchase prices will then increase noticeably. This will also have a positive effect on Hermsdorf, where prices are already higher than in many other corners of Reinickendorf.
ELSESTRASSE BERLIN
|
|
- Investment type Loan
- Interest payments Semi-annually
- Funding threshold € 200,000
- Funding target € 350,000
The acquisition of this financial instrument involves considerable risks and can lead to the complete loss of the capital employed.
Still want to see ELSESTRASSE BERLIN details?
Show project detailsInvestment Overview
Fixed interest rate of 6% p.a.
Term of 12 months
Half-yearly interest payment
No obligation for investors to make additional contributions
New construction project in Berlin-Hermsdorf
No fees for the investor - neither premium nor ongoing management fee
THE INVESTMENT OFFER |
|
Type of investment | Subordinated loan to § 1 para. 2 no. 4 VermAnlG |
Issuer | Elsestrasse 30 GmbH |
Investor target group | Private investors |
Intended use of loan | Construction of multi-family-house |
Fees for investors | No fees |
Minimum investment amount | 500 Euro |
Interest rate | 6% p.a. |
Duration | 12 months + 6 months extension option |
Repayment | At maturity |
Interest payment | Semi-annually as at 30.06. and 31.12. of a year, for the first time as of 30.12.2019 |
to view the entire table.
PORTFOLIO
THE PROPERTY |
|
Property | Construction of a multi-family-house in Elsestrasse 30 in 13467 Berlin-Hermsdorf |
Year of construction | 2019 |
Land | 1.185 m² |
Planned apartments | 5 |
Planned Gross rentable area | Ca. 580 m² |
Planned Total Investment Volume | 2.380.000 Euro |
Senior Loan (bank) | 1.800.000 Euro |
Equity Capital | 230.000 Euro |
Planned Mezzanine | 350.000 Euro |
um die gesamte Tabelle anzusehen.
Location
Intended use of loan
The borrower uses the subordinated loan of up to 350,000 euros to a large extent for refinancing. In addition, it is important to sell the remaining residential units with the corresponding marketing and sales expenses shortly before completion of construction. A smaller part of the capital is earmarked for the preparation of the outdoor facilities.
Thanks to the coming payments from the residential units already sold, it will be possible for the borrower to make an interest payment at the end of December 2019. The subordinated loan (including interest) can ultimately be repaid through the sale of the last two units.
- Senior Loan
- Equity
- Mezzanine Capital
OPPORTUNITIES AND RISKS
REWARDS |
RISKS |
|
|
to view the entire table.
The Issuer
-
The subordinated loan is taken up by Elsestraße 30 GmbH. The company is 66.67% owned by the Danish developer and investor Hørbygaard Gods A/S and 33.33% by Skjerven Group, a real estate investment company based in Berlin.
-
HØRBYGAARD GODS A/S
Hørbygaard Gods A/S is a Danish family company active in the real estate business in Denmark and Berlin. The company invests primarily in smaller real estate projects and invests intensively in order to achieve the greatest possible success.
Documents
Please note that this is merely a non-binding convenience translation. If you have problems of comprehension, please seek external support.
Register now and never miss a project again!
Please create a free account on PlanetHome-invest.com to be informed of the launch of the project. You will automatically receive our PlanetHome Investment Newsletter with all news about the real estate market.
Our other projects
We are currently checking various real estate investment opportunities for you, and will inform you as soon as our real estate experts have chosen a new project that satisfies our high standards. Make sure to register if you want to stay up to date.