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-Established since 1989
-Top 5 Developer in Germany
-Market leader in Listed Building Refurbishment
- More than 4000 units completed
- Turnover of more than €300 million
- Acquisition of Sueddeutsche Finanzgruppe in 2011
- Track record of over €1.3 billion
listed buildings
listed buildings in Germany
Only 1% of the buildings are listed
Face of the city
Preservation a priority to the German government
Purchase of these buildings heavily incentivized with tax breaks
listed buildings
why do we use SPVs?
Avoid heavy tax structure in Germany
Separate logistics that differs for each listed building eg. Construction firms
A security for investors as all funds are legally separated from the developer
(Special purpose vehicle)
listed buildings
Off plan sales done via sales agencieseg. Fellow homes with over 16,000 agents
listed buildings
Off plan sales done via sales agencieseg. Fellow homes with over 16,000 agents
german buyers
who are the german buyers?
Targeted towards high net worth individuals earning more than € 250,000 per annum
High income earners in Germany can pay up to 46% taxes
Listed buildings offer attractive tax rebates for the german buyers
receive 100% financing from the banks
From 1st to the 8th year, they can deduct 9% cost from their tax billFrom 9th to the 12th year, they can deduct 7% cost from their tax bill
listed buildings
Off plan sales done via 500 sales agencieseg. Fellow homes with over 16,000 agents
german buyers
investors
typical funders
banks
pension funds (alike to cpf)
private equity
institutions
high net worth individuals
pool of individual investors
listed buildings
Off plan sales done via 500 sales agencieseg. Fellow homes with over 16,000 agents
german buyers
investors
co-development
listed buildings
Off plan sales done via 500 sales agencieseg. Fellow homes with over 16,000 agents
german buyers
investors
co-development
INVESTORS’ DEAL
Minimum Investment amount S$ 10,000
Investment term of max 12 months
developer buy back guarantee
first charge on building as double layer security
Return on investment 12% in max 12 months
