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Property for sale information

 
German Commercial Syndicate / €100,000 min. / 6.5% Initial Yield  
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
Features:
Submission Date:
05-18-2007
Last Update:
06-27-2007
Advertiser Details:


Name:
Claire CMC

Company:
CMC Capital

Phone:
00353 (0) 23 34774
Fax:

Mobile:

 
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Calculators

 
Property price: €100,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations