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Greven- MÜNSTERLAND INVESTMENT EXPOSÉ UPDATED: November 2019 5.5% return pa

Greven- MÜNSTERLAND · 2019-12-15 · -Germany-Münsterland - Greven 11 Estate-Key data-financing-use of funds 14 ... Expected start of the funding period xx.12.2019. 05 ... 97%

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Greven-

MÜNSTERLAND

INVESTMENT EXPOSÉ

UPDATED: November 2019

5

.5

%

re

tu

rn

p

a

Stauffenbergstraß

e 8-14, 48268 G

reven

CONTENT

5 5 Reasons Why You Should Invest5 5 Reasons Why You Should Invest

7 The Investment Location7 The Investment Location

- Germany

- Münsterland

- Greven

11 Estate11 Estate

- Key data

- financing

- use of funds

14 the issuer14 the issuer

4 The investment at a glance4 The investment at a glance

21 iFunded risk assessment21 iFunded risk assessment

16 the Investment16 the Investment

- The investment offer

- chances and risks

- The platform

The investment at a glance

warning

The acquisition of this investment involves significant risks and may result in the assets used in the complete loss.

issuer

Type of investment

Funding threshold

Funding target

Investment platform use

Term Fixed Interest Minimum

Investment Amount

400,000 €

Subordinated loans with qualified subordination

dii 101 Immobilien GmbH Akilindastraße

36, 82166 Gräfelfing

500,000 €

Purchase of a residential building in Greven

iFunded.de

18 months (option to be extended twice by 6 months)

5.5% 500

EUR

04

Funding Limit 600,000 €

repayment At maturity

interest payments Every six months to 30.6. and 31.12 for the year

Expected start of the funding period xx.12.2019

05

EXPERIENCED ISSUER

The Issuer dii 101 Immobilien GmbH is a subsidiary of German dii

Invest Immobilien GmbH. The parent company was founded in 2006

and has since become a well-known housing companies

160 employees

developed. German Invest Immobilien manages real estate assets

worth two billion euros.

1

BUILDING WITH rent

increases LNincreases LN

The residential building in Greven is rented on average with 5.60

euros per m². Since, according to the market navigator

Immobilienscout24 at this location a rent of

6.44 euros per square meter is possible, the property has a high

potential for rent increases that can be lifted in the future.

2

INVESTMENT WITH SECURITIES

The investment has several collateral for the investors. The rental

and purchase price claims ceded. In addition, the issuer of the

investment enterprise

no further financing

will commence, which at the same relative to the brokered iFunded

financing or are paramount.

3

ATTRACTIVE INTEREST

For residential investment properties represent 5.5% pa a very

attractive return. A plus is the semi-annual interest payments. In case

of early termination of the investment by the Issuer, initially, from

13 month loans beginning, the lender in addition to the fixed interest

rate is entitled to a one-time payment of a bonus interest rate of 2%

per annum of any unused months of the loan amount. Thus, the

annual return of the lender increases.

4

SHORT TERM

With a planned duration of 18 months and the option of two extensions of six months each, the project is completed in a very manageable for

real estate period. Thus, investors predict the risk of the investment and the possible negative factors easier on the project.

5

5 Reasons Why You Should Invest

06

Stauffenbergstraß

e 8-14, 48268 G

reven

OF

T

HE

IN

VE

ST

ME

NT

LO

CA

TIO

N

LOCATION

Germany

For years, the German real estate market is booming. National and international investors

value Germany as a safe haven. The market for residential and commercial investments

made year after year new records in transaction volume.

This affects not only the metropolitan cities like Munich, Hamburg or Berlin. So the

Münster site benefited from this overall trend.

13.6 billion euros in Q3 2019

RESIDENTIAL INVESTMENTS

The German residential investment market is still booming. The

international property consultant BNP Paribas has registered a

transaction volume of 13.6 billion euros in the third quarter of 2019.

This represents the second best result of the last ten years. BNP

Paribas forecasts that by the end of 2019 a volume of 18 billion

euros. That would be the second best result ever.

08

43.4 billion euros

BUSINESS INVESTMENTS

In the third quarter of 2019, the international property consultants

Savills were traded, according to commercial real estate valued at

43.4 billion euros. It is predicted that in 2019 a new record of 65

billion euros is achieved.

97% consider Germany to be

attractive

TREND BAROMETER 2019

The trend barometer 2019 from EY Real Estate According to hold

97% of investors surveyed Germany for an attractive or very

attractive location for real estate investments. Germany is

considered attractive or very attractive 95% even by European

standards. For the barometer end were interviewed in 2018 about

300 investors who were active in the last few years on the market.

Berlin skyline

MACRO LOCATION

Münsterland

The business location Münsterland includes the city of Münster as a regional center and the four more rural districts Borken, Coesfeld, Steinfurt and

Warendorf. Located in the northwest of North Rhine-Westphalia, the region borders on the Netherlands and Lower Saxony.

growing region

Almost one in ten citizens lives in North Rhine-Westphalia

Münsterland. Especially for the city of Munster, a further increase of

the number of inhabitants is expected to 2030th Contrary to the

general trend - - but also in the districts, the population will remain in

the medium term at least stable.

Here more children and young people (5 to 18 years) than in NRW

average. Accordingly, there is also the nation's most households with

four or more persons (16.8%).

Lowest unemployment rate in NRW

At 4.8%, the unemployment rate is the lowest relatively low in the

cathedral country throughout NRW and the national average.

Professionals here are very sought after and highly sought.

09

68,000 companies

The economy Münsterland is small and

medium-dominated. Around 68,000 companies and businesses are

here. Nevertheless, the region contributes significantly to the economic

strength of the country NRW at: The gross domestic product (GDP) per

capita has increased from 2006 to 2015 by 22%.

The gross value added grew in most industries over the same period

even more significantly than in NRWDurchschnitt.

own airport

With the Münster / Osnabrück airport near Greven, the region has a

European airport and an important employer. Last are 2018 more than

one million passengers departed from this airport.

Münster Prinzipalmarkt

The residence in the Stauffenbergstraße 8-14 is located in a simple

and quiet location. By bicycle to the center of Greven is reached in

about six minutes. There are also all shops for the local supply, such

as Rossmann, Rewe, Aldi and Lidl.

According Immobilienscout24 apartment rents for existing buildings in

the postcode area of the property since 2007 by 33% rose to 6.55 euros

per square meter today. It is also the potential for rental growth of the

condominium can be read, which is rented on average to 5.60 euros per

square meter.

The town of Greven with around 37,000 inhabitants is located in the

district of Steinfurt in the northern part of the Münsterland region is

classified as a medium-sized town in the state development plan of North

Rhine-Westphalia. Good transport links is by the A1 motorway, the

Muenster / Osnabrueck airport (located in Greven) and the

Dortmund-Ems Canal given.

As a result, Greven is an attractive location for logistics and industrial

companies. Therefore, the large parcel and mail center post, the

dispatch center HSE24 and the central warehouse Aldi-Nord have

settled here. The distance to Münster is 20 km and km to Osnabrück

40th

MICRO LOCATION

Greven

10

Investment in the Stauffenbergstrasse

Wester Or Lake in Greven

TH

E

PR

OP

ER

TY

Warning:

The acquisition of this investment involves significant risks and may result in the assets used in the complete loss.

Year Built

address

lettable

Flat surfaces

residential units

occupancy rate

2620 m²

Stauffenbergstraße 8-14, 48268 Greven

1964

72 m² to 88 m²

32

100%

12

Key data

Net annual rent 175,988.76 euros (5.60 euros / sqm on average)

financing

13

500,000 €

PLANNED MEZZANINE CAPITAL

2,680,000 €

LEVERAGE

1,170,000 €

EQUITY DII

use of funds

The Issuer intends to purchase the house in the Stauffenbergstraße 8-14 in 48268 Greven. The Issuer has secured by priority notice in the land the

property. Besides a first-rate bank loan of

2,680,000 Euros should be included mezzanine capital in the amount of 500,000 euros from private investors. In addition, the Issuer's still 1.17 million

euros in the form of an equity.

During the short-term portfolio management, the average rent should be adjusted to the increasing market rent to the current cash flow of the property

on a permanent basis. In addition to adjusting the rent and modernization measures are examined. In this way, costs can be reduced and the basic

rent be increased as a result. Once homes are vacated by extension, it is checked whether the modernization is structurally and economically viable.

The costs are to be covered primarily with ongoing rental income.

If market conditions are plans to sell the house globally within the next two to three years.

Due to the current rental income, it is possible for the Issuer to make the first interest payment is already late June 2020th The subordinated loan

(including interest) may ultimately be repaid by selling the property.

purchase price

MEASURE

Purchase additional charges

total

Financing costs (incl. Fees, without interest)

390,000 €

COSTS *

3,920,000 €

40,000 €

4,350,000 €

Total

4,350,000 €

* The cost data correspond preliminary assumptions and may differ in their scope and their weighting.

TH

E

IS

SU

ER

The Issuer and its shareholders

15

FRANK Wojtalewicz

Executive Partner

• Mechanical Engineer

• AMP / MBA from Harvard Business School

• COO / CEO in various capacities: Lafarge Roofing in the United States, China, England,

Germany

• COO: Pfleiderer AG, Germany

• CEO: Uralita AG, Madrid

SASCHA Hertach

Managing dii Investment GmbH

• Degree in Business Administration and a banker

• Management positions and consultant at various real estate

company: Home & value Immobilien GmbH, Corpus real estate group, Schroder Property

Invest Luxembourg

• Consultant for banks, investment companies and insurance companies: DSL Bank, Sparkasse

Cologne-Bonn, German Herold, Capitan

DII GERMAN INVEST REAL ESTATE GMBH (DII)

The Issuer dii 101 Immobilien GmbH is a subsidiary of German dii Invest Immobilien GmbH. The parent company was founded in 2006

and has developed into a renowned asset manager with 160 employees since then.

It aims to increase the value of residential property in the portfolio by making targeted investments. Through a highly focused investment

and development strategy in residential real estate in the immigration regions such as North Germany, Rhein-Main, Rhine-Ruhr and

Rhine-Neckar achieve the co-investment returns that are above market levels. The dii sees itself as a fully-integrated asset manager that

all value creation levers maps internally. The managed assets under management currently amount to about two billion euros.

TH

E

IN

VE

ST

ME

NT

The investment offer

In the present deal is a subordinated loan. It should be collected in total up to 500,000 euros for investors that can participate with a minimum

investment of 500 euros. In return they receive a semi-annual coupon of 5.5% pa with a term of 18 months from the funding end. Borrower is

dii 101 Immobilien GmbH, wants to purchase with the capital a house in Greven, North Rhine-Westphalia.

issuer

Type of investment

Investor target group

Funding threshold

Minimum investment amount

Term Fixed

Interest

repayment

interest payments

Type of income for the investor

Private and semi-professional investors subordinated loans

with qualified subordination

dii 101 Immobilien GmbH, Akilindastraße 36, 82166 Gräfelfing

400,000 €

500 euro

5.5% pa

18 months (option to be extended twice by 6 months)

At maturity

Every six months to 30.6. And 31.12. the year in investment

income

17

Funding threshold

Usage funding limit

Charges to Investors

Investment platform

500,000 €

600,000 €

Purchase of a residential building in Greven

No

iFunded.de

Expected start of the funding period xx.12.2019

Warning:

The acquisition of this investment involves significant risks and may result in the assets used in the complete loss.

chances and risks

18

+ Fixed rate of 5.5% per annum

OPPORTUNITIES

+ No fees for the investor: neither Agio ongoing

management fee

+ There is an obligation for investors

+ Semi-annual interest

+ Short term of 18 months

- It may be that the real estate market in

Münsterland cools and it makes it more difficult

to find a buyer for the apartment building in

Greven.

RISKS

- For investors, the risk of a total loss in terms of

brokered iEstate investment there.

- It is conceivable that the investor finances, for

example the respective investment amount

individually alien (eg bank loans) may evolve which

payment obligations. This can lead individually to the

insolvency of the investor, where it is no longer in a

position to their individual payment obligations to

use.

19

THE PLATFORM

The investment can be made, which is operated by the iEstate GmbH in Berlin only about the platform iFunded.de. iFunded opens the world of

real estate for interested investors and bring them with leading property developers and real estate developers to jointly invest in selected real

estate projects together. Thus iFunded provides access to exclusive project financing, which until now were reserved for institutional investors.

iFunded risk assessment

the risk is determined by a standardized procedure of our real estate experts for each project on iFunded.

There are nine criteria as a whole, using which the project risk is estimated. Depending on the severity of the individual risk criteria risk points are

awarded and added at the end. Depending on the number of risk points, the real estate project is classified into one of five risk categories.

There is the risk categories A to E, with A being low risk and E is risky. The evaluation scheme is on the following pages. The GREVEN

MÜNSTERLAND project is a total of 15 risk points, and thus classified in risk category B. This risk assessment is made up as follows:

20

GREVEN-MÜNSTERLAND

Note: iFunded does not provide investment advice and meets with the above risk assessment, no statement as to whether the investments of individual Note: iFunded does not provide investment advice and meets with the above risk assessment, no statement as to whether the investments of individual

risk appetite corresponds to an investor. Own risk assessment must be carried out even in principle by the investor and is not replaced by the risk

assessment of iFunded. The risk assessment is based on standardized criteria that are measured at inception of investment. The actual course of the

investment in the future may be less favorable. Even at a low risk classification, there is a risk of loss or even total loss.

risk criterion shaping risk points

A TOTAL OF

15

debt ratio 62%

3

equity ratio 27% 2

Macro location

Münsterland 4

micro location Greven

2

occupancy rate 100% 0

tenant number > 10 0

phase of development

Existing properties without

maintenance backlog

0

experience issuer Total investment volume> 2 billion euros 0

collateral Personal guarantee

mortgage second rank

Negative Pledge

assignment rent and

Purchase price claims

2

2

0

0

Risk-assessment scheme

21

1 WHAT IS THE DEBT RATIO?1 WHAT IS THE DEBT RATIO?

0% 1% - 49% 50% - 59% 60% - 69% 70% - 79%

0 1 2 3 4

2 WHAT IS THE EQUITY RATIO?2 WHAT IS THE EQUITY RATIO?

> 40% 30% - 39% 20% - 29% 10% - 19% 0% - 9%

0 1 2 3 4

3 HOW GOOD IS THE QUALITY OF MACRO LOCATION?3 HOW GOOD IS THE QUALITY OF MACRO LOCATION?

Berlin, Hamburg,

Munich, Cologne,

Dusseldorf, Stuttgart,

Frankfurt

All other state capitals City with at

least

200,000

inhabitants

City with at

least

100,000

All other cities

0 1 2 3 4

4 HOW GOOD IS THE QUALITY OF THE MICRO LOCATION?4 HOW GOOD IS THE QUALITY OF THE MICRO LOCATION?

Inner-city location

with easy access.

Close proximity to

an urban location.

Residential area with good

care.

On the outskirts with connections

to public transport.

The suburbs with no connection

to public transport.

0 1 2 3 4

Risk-assessment scheme

22

8th WHAT IS THE TOTAL INVESTMENT VOLUME OF THE PROJECT8th WHAT IS THE TOTAL INVESTMENT VOLUME OF THE PROJECT

DEVELOPER SO FAR HAS akimbo?

> 250

million

euros

200 to 249

million euros

100 to 199

million euros

50-99

Mio- €

<50 million euros

0 1 2 3 4

5 WHAT IS THE RENTAL STAND OF THE PROPERTY?5 WHAT IS THE RENTAL STAND OF THE PROPERTY?

> 90% 70% - 89% 40% - 69% 19% - 39% <19%

0 1 2 3 4

WHAT GUARANTEES ARE AVAILABLE?

9 If the developer filed a personal guarantee?9 If the developer filed a personal guarantee?

Yes = 0; No = 2

Is there a mortgage second rank as security for the crowd? Yes = 0; No = 2

Is there a negative declaration or profit transfer claims? Yes = 0; No = 2

6 HOW MANY TENANT HAS THE PROPERTY?6 HOW MANY TENANT HAS THE PROPERTY?

> 10 6-10 2-5 1 0

0 1 2 3 4

7 WHAT DEVELOPMENT PHASE IS THE PROPERTY?7 WHAT DEVELOPMENT PHASE IS THE PROPERTY?

Existing property with no

maintenance backlog

Bestandsimmobi l ie with

little maintenance backlog

Bestandsimmobi l ie with

core rehabilitation needs

new

0 1 2 3 4

L ie with Bestandsimmobi

much ser-

entertainment jam

dii 101 Immobilien GmbH

Akilindastraße 36, 82166

Gräfelfing

23