Holland Immo Group XVII / German Retail Fund NV
After the first issue on july 16th and the second issue on april 28th the total investment volume is over € 74 million. The portfolio exists of 63 shops including service apartments and four office units all located in shopping centres within fourteen German municipalities.
GROWTH STRATEGY:
total targeted size of the German retail property portfolio in which beneficially is invested is approximately €200-250million, to be realized within two years as a result of a small number of large subsequent issues
SOUND RISK/RETURN PROFILE:
long-term lease contracts (with an average remaining term of 11 years) with large German retail chains for daily or functional shopping, having excellent inner-city and suburban locations and proven retail concepts
EXCELLENT DIVERSIFICATION:
there are 63 shops including service apartments and four office units all located in shopping centers within fourteen German municipalities
PORTFOLIO OF HIGH-QUALITY TENANTS:
over 90% of the rental flow from the shops is generated by large retail chains operating in Germany and/or internationally and include Aldi, Lidl, Edeka, Netto, Penny, Plus, REWE, Deichmann, Deutsche Bank, Apollo-Optik (Pearle), KiK, Matratzen Concord (Beter Bed), Rossmann, Schlecker, Takko and TEDi
ATTRACTIVE DIVIDEND DISTRIBUTION:
1st issue: 7%* annually. Payments made quarterly
2th issue: 7.3%* annually. Payments made quarterly
HIGH TOTAL YIELD:
1st issue: 8. 5%* average annual yield (including share of results from sales)
2th issue: 9%* average annual yield (including share of results from sales)
TAXATION REGIME:
participants are only subject to income tax in their state of residence. Dutch resident individuals are subject to Box 3 taxation. Non-Dutch (resident) participants can set-off 15% withholding tax against domestic income taxes.
The figures stated are based on a prognosis for the total lifespan of the fund. There may be deviations from the figures stated. To read an overview of the results since the start of this fund and other funds, please inspect the track record available here. The value of investments may fluctuate. Past returns are no guarantee of future performance.
