Reference nr:
CC804568
Description:
Min. investment €100,000.
CMC Capital is a property investment and wealth management firm that evolved from Crowley & McCarthy Chartered Accountants and Taxation Advisors (established 1994), based in Cork. The firm has been active in property investment since inception, both in an advisory and in a hands-on manner, in Ireland, the UK and continental Europe. CMC Capital has been active in the German property market since late 2004, having identified substantial potential in the market through a comprehensive research program. At that time, the country was emerging from an economic recession that had caused commercial property values to plummet.
The firm now has well-established strategic relationships with German property sales, development, taxation and legal firms. Numerous property transactions have been completed in Germany on behalf of private client investors across the commercial property space, including the retail, office and logistics sectors. The firm specialises in structuring and managing property syndicates, and has invested over €500m in commercial property in various Germany cities, in varying unit sizes.
Crowley & McCarthy is pleased to offer this opportunity to participate in a European commercial property investment syndicate, with a focus on the German market. The minimum investment amount is Euro 100,000, and in Euro10,000 increments thereafter. CMC Capital will pro-actively manage the syndicate property portfolio over the investment term, to maximise the profits earned for investors.
Assumptions in the Profit Model 7.5 year syndicate lifetime Gross initial rental yield of 6.5% Acquisition costs of 7% Yield compression to 5.5% at time of sale of the investment properties Annual rental growth of 4% Bank finance of 80% of property value, at an interest rate of 5.5% p.a. Fees and Charges Entry charge of 3% applies; i.e. for an investment of €100,000, a total amount of €103,000 is payable, as a once off investment No additional fees from initial investment 1% per annum of the gross value of the syndicate, paid from the syndicate profits, is charged for administration, operational costs, and management of the portfolio. If exceptional returns are generated, then CMC Capital earns performance fees. These will be 20% of the profits in excess of 12% p.a. return on investment (i.e. 20% of the profits in excess of €90,000 over 7.5 years, on a €100,000 investment)
Investment Summary, per €100,000 Return of equity Equity returned on termination €100,000 Projected Profits (based on Assumptions) Profit of 12% p.a. on investment €90,000 pre-incentive fees
Please contact us for a full memorandum on this syndicate
Bedrooms: |
Bathrooms: |
Price (€): |
0 (studio) |
1 |
100,000 |
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Features:
Submission Date:
05-18-2007
Last Update: 06-27-2007
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Advertiser Details:
Name:
Claire CMC
Company:
CMC Capital
Phone:
00353 (0) 23 34774
Fax:
Mobile:
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