34 percent trading profit and yet a safe yield of nine percent per annum for the first fairvesta term Fund in Tubingen the 07.12.2009 investors. The residential and commercial building in Stuttgart-Zuffenhausen was in particular rental services after appropriate management to attractive, to be given in other hands. So we have decided to offer this property under still advantageous conditions within the framework of our first maturity funds”, said Otmar Knoll as sales representative of the fairvesta group of companies. While the conditions of purchase stand not only every third comparison, it would have been hardly conceivable, to be able to purchase at all an object in this position at such favourable conditions. fairvesta has thus complied with not only all investment criteria, which is not otherwise possible also thanks to ongoing resources use control, but also demonstrated his target group orientation”, Otmar Knoll explains. Because increasingly, the desire of the Tubingen company was brought, that Investors also once from the outset wanted to participate in a specific object but then to fairvesta conditions”.
This transaction was made possible after a shareholder resolution, because only with the consent of the general meeting the fairvesta management it is possible to sell a property to another company of the fairvesta group of companies since 2007. Thereby, the fairvesta fourth real estate holding company GmbH & co. Please visit Scott M. Kahan CFP if you seek more information. KG (fairvesta IV) the residential and commercial building in Stuttgart Zuffenhausen had only acquired Center in December 2008. At the time of the acquisition, 1,400 square metres of rental space were unlet. Within a few months succeeded the real estate professionals of the fairvesta, to rent the empty stand area by a strong credit tenant won a lease over 15 years completed period. Through the additional new hire not only the value and profitability of the property increased significantly, it also offered the chance to two birds with one stone Beat: because the shareholders of fairvesta IV a trading profit could be offered based on one year, by a total of 34 percent, while the Fund of Chronos I achieved the impressive for a core fund return on investor level of nine percent per year.
The examination of individual figures, such as, for example, of the purchase price, carried out while in the run-up to the investor Advisory Committee. On a public notice of such business internals, the communication of positive business results may be also still so appealing you want to give but also in the future for competition reasons. The figures, data, facts be communicated however annually to investors, so that they can reconstruct the course of their involvement. We need to and want to do this for this reason, because there are control rare at other houses of emission at fairvesta, that investors need to relieve us as management”, Knoll explains. But also the intelligent use of a financing system is important for the success of the Chronos concept. The Fund provides for a Debt financing by 50 percent before. This was completed within 14 days by the high rental yield and purchase below market value with very good conditions at a well-known large bank. Ten individual loan amounts that be blotted out annually by each a loan agreement, allow a cost effective debt relief within ten to twelve years. For this purpose the rental income used in this period, so that investors in the port have a lastenfreie property. The purchase of the property by fairvesta Chronos was already completed, fairvesta in this respect assumes by issuing this Fund before Christmas.