Horizon 7 fund

Berlin Investment, AlexanderplazMGM Kapital had acquired an off market residential development site in the heart of Berlin, Germany which it plans to develop in connection with a team of property professionals. The site, located just 3,000 metres from the famous Alexanderplatz, will see the development of exclusively designed townhouses and apartments, providing Berliners with a new way of living.

The investment affords investors an excellent opportunity to participate in an asset-backed investment into the capital city of Europe’s largest economy.


 

  • FALKENMARKT

                                   

Location:

Outskirts of Berlin, Spandau

Type:

Full Commercial

Acquisition:

2007, March

Details:

Property acquired in March 2007 with a 17% vacancy. Projections for the investment period were based on a continuous 10% vacancy level to be conservative. Property has now been almost 100% let with approximately 200sqm available (of a total 7,200sqm). Rents have also increased with improved management of the centre. The site also has planning permission for a block of apartments to the rear which may be developed shortly.

Returns:

Conservatively estimated at 11.5% compound per annum.

  • WESTFALISCHE STRASSE       

      

Location:

100 yards from Kurfurstendamm – main shopping street in Berlin

Type:

Mix of Commercial (20%) and Residential (80%)

Acquisition:

2005, December

Details:

Property acquired with approximately 20% vacancy. The building is now fully let and rental income has been increased through good management of the property. Rents are now exceeding what was projected at this stage.

Returns:

Conservatively estimated at 11% compound per annum.

  • KONSTANZER STRASSE & AM BUDDEPLATZ                               
    1. KONSTANZER

Location:

Just off Kurfurstendamm – main shopping street in Berlin

Type:

Mix of Commercial (25%) and Residential (75%)

Acquisition:

2006, June

Details:

Property acquired with approximately 15% vacancy. The building is now fully let and rental income has been increased through good management of the property. Rents are now exceeding what was projected at this stage.

Returns:

Conservatively estimated at 12% compound per annum.

    1. AM BUDDEPLATZ

Location:

Tegel, Berlin

Type:

Mix of Commercial (10%) and Residential (90%)

Acquisition:

2006, June

Details:

Property acquired again with approximately 15% vacancy. The building is now 95% let and rental income has been increased through good management of the property. Commercial property in the area had been difficult to rent however, since the building of a new nursing home, the plans of which we had access to prior to purchasing, commercials are now being let to chiropodists, pharmacists and doctors.

Returns:

Conservatively estimated at 12% compound per annum.

  • DRESDEN   

                                   

Location:

City of Dresden, Centre of City location

Type:

Residential 85% and Commercial 15%

Acquisition:

2007, August

Details:

Property acquired with approximately 15% vacancy. The building is now fully let and rental income has been increased through good management of the property. Rents are now exceeding what was projected at this stage.

Returns:

Conservatively estimated at 11.5% compound per annum.

  • Neukolln                                            

Location:

Berlin, Neukolln Area

Type:

Residential (90%) and Commercial (10%)

Acquisition:

2005, February

Details:

Property acquired with approximately 20% vacancy. The building is now 95% let and rental income has been increased through good management of the property.

Returns:

Conservatively estimated at 10.5% compound per annum.

 

 

 

For further information, prospectus questions , help and advice or to book an appointment please contact us today.

Telephone/Fax:
+353 52 6132717

Email:

Address:
MGM Financial Centre,
Main Street,
Fethard, Co. Tipperary