Project Presentation

The property "Groß-Berliner- Damm 33/35" is a new construction project in Berlin, whereby approximately 2,783 m² of space will be created. The property is located in a very good location, which has a sustained high demand for residential real estate. Therefore, in the course of the project, a building permit for a larger apartment building is to be obtained. After obtaining a building permit, the property will be sold globally as planned.

The property is located in the largest district of Treptow-Köpenick in Berlin. The property will be realized in the smaller district Johannisthal, the up-and-coming district is known for its high quality of living. Local suppliers of all kinds are located in the immediate vicinity of the property and leave nothing to be desired by residents. In less than 2 kilometers is the well-known science and technology center "Adlershof".

The purchase contract has been concluded and the issuer is the owner of the property. A land register entry is available. Within the framework of this project, a building permit is to be obtained.

Deal Highlights

Fourreal - long-time partner of Rendity with already 5 successful redemptions

The project developer Fourreal has already financed 11 successful projects with the help of the Rendity investor community. Of these, 5 projects with a volume of 1,480,000 € excl. interest have been repaid to the investors. Fourreal is a well-known real estate developer in the Vienna area. Their expertise includes the complete organizational and commercial handling of projects related to real estate development, apartment building development, redevelopment & real estate financing.

Germany - Berlin as an investment location

Germany is the largest economy in Europe and has become the second largest real estate investment market in the world in recent years. In addition to national investors, international investors who place their trust in Germany as a business location are now also increasingly active.

Attractive interest rates - 6.50% annual payout

Investors receive an annual interest rate of 6.50% on their invested capital. The interest is distributed to the investors every year. The capital invested is repaid to the investors at the end of the term of a maximum of 30 months.

Rendity instant interest - interest from the 1st day

Investors receive the Rendity Immediate Interest as soon as they deposit their investment, which is paid out as soon as the subscription period expires. The Rendity Instant Interest allows investors to receive interest on their invested capital not only for the term of the loan, but also for the period prior to that. Thus, investors receive interest on their investment even during the subscription period. The accrued Rendity Instant Interest is already paid out to the Wallet after the end of the subscription period.

Largest district of Berlin - Treptow - Köpenick

Treptow-Köpenick, one of the largest districts in Berlin, currently has a population of about 276,000. The ninth administrative district of Berlin is characterized by numerous wooded areas and is known for its innovation and technology center in Adlershof. The property is located in the district of Johannisthal, which has a very good residential quality. In terms of transportation, the property is ideally connected to the Berlin network. With the S-Bahn "Schöneweide" you can reach the center in only 40 minutes.

Investment Case

The borrower is the owner of the property with the address Groß-Berliner-Damm 33/35, 12487 Berlin, Germany. In the course of the new construction project, 35 apartments will be built, which are to have a total living area of 2,783 m² after completion. The plot of land has an area of 1,166 m². A 100% residential use is planned. The aim of the crowdinvesting campaign is to partially redeem the equity invested as well as to finance the planning and development until a building permit is issued for the project. A building permit has not yet been issued and is to be obtained as part of this project.

Annual Distributions:

During the term, the lender will receive an annual distribution of 6.50%.

Short Term:

The lender will receive its invested capital back after the funding period has expired. According to the planning, this is to take place after a maximum of 30 months.

Financials

Purchase costs
3.423.000 €
Incidental purchase costs
537.000 €
Project planning costs
47.000 €
Reserve
16.000 €
Financing costs
187.000 €
Total investment costs
4.210.000 €
Total sales revenue (assumption)
6.123.000 €
Profit
1.913.000 €

Finance Structure

Location

Welcome to Berlin

Berlin is not only the political center of Germany, but also an important cultural, scientific, research and trade fair location. With over 30 million overnight stays, Berlin is also a tourist magnet for domestic and foreign visitors, who are becoming an increasing economic factor. Even though Berlin has lost its unique selling point as a divided city of the Cold War since reunification, the influx of visitors continues unabated, who appreciate the wide range of cultural offerings, the lively scene and, last but not least, the still moderate prices compared to other metropolises in Europe.

Micro-location Treptow-Köpenick

The entire district of Treptow-Köpenick is known for its green parks and wooded areas. Large wooded areas and parks in this district invite residents to enjoy any type of outdoor sport. Residents here enjoy the tranquility away from the hustle and bustle of the Berlin metropolis. The district is located directly on the Spree River and thus offers an ideal starting point for various sights. The technology park "Adlershof" is also located in the immediate vicinity. "Adlershof" is representative of Berlin's most important science, business and media location. The technology park covers a size of 4.6 km².

Discover the surroundings

The property is located in Berlin's largest district Treptow-Köpenick. The district is a true paradise for sports enthusiasts. With its seven lakes, its rivers and the multitude of canals a paradise for all kinds of water sports. In addition, the district offers a place of relaxation and freedom through its numerous green spaces. The oasis is often described as regional, vital and refreshing. Gourmets also enjoy their pleasures in the district. The best Mediterranean and Asian cuisine as well as traditional outing restaurants can be found here.

Brandenburg Gate

The Brandenburg Gate in Berlin is an Early Classicist triumphal gate that stands on the western flank of the square Pariser Platz in Berlin's Mitte district. The gate is the most famous Berlin landmark and a German national symbol, with which many important historical events of the 19th and 20th centuries are associated. Thus, until the Second World War, the end of Napoleonic rule in 1813-1815, in particular, was associated with the structure. During the Weimar Republic, Constitution Day was celebrated here every year on August 11. Until the opening of the Iron Curtain, it stood directly on the border between East and West Berlin and thus symbolized the clash of the Warsaw Pact and NATO at the most sensitive point of their common border during the Cold War. Accordingly, since 1990 the Brandenburg Gate has also been regarded as a symbol of the overcoming of the division of Germany and Europe.

Memorial - Berlin Wall

The Berlin Wall Memorial commemorates the division of Berlin by the Wall and the deaths at the Berlin Wall. The national memorial, a 70-meter-long original section of the border fortifications, was rebuilt in 1998 by the Federal Republic of Germany and the State of Berlin on Bernauer Strasse (parts of the Wall came from other sections) and later expanded. Today, the memorial site includes an outdoor exhibition, the Chapel of Reconciliation, the Berlin Wall Documentation Center, the Window of Remembrance, and the Visitor Center and an exhibition in the adjacent S-Bahn station, Nordbahnhof, along a 1.4-kilometer stretch of the former border strip.

Reichstag Building

The Reichstag building on Platz der Republik in Berlin has been the seat of the German Bundestag since 1999. Since 1994, the Federal Assembly has also met here to elect the German president. The building was constructed according to plans by architect Paul Wallot between 1884 and 1894 in the neo-Renaissance style in the Tiergarten district on the left bank of the Spree River.

It housed both the Reichstag of the German Empire and that of the Weimar Republic. Initially, the Federal Council of the Empire also met there. After severe damage from the Reichstag fire of 1933 and World War II, the building was restored in a modernized form in the 1960s and served for exhibitions and special events. From 1995 to 1999, the Reichstag was fundamentally redesigned by Norman Foster for its permanent use as a parliament building, which was decided in 1991. On April 19, 1999, the keys were handed over to Bundestag President Wolfgang Thierse. Since then, the German Bundestag has been meeting there. The walk-in glass dome above the plenary chamber is a conspicuous feature of the cityscape.

East Side Gallery

The East Side Gallery memorial in Berlin-Friedrichshain is a permanent open-air gallery on the longest remaining section of the Berlin Wall on Mühlenstrasse between Berlin's Ostbahnhof station and the Oberbaumbrücke bridge along the Spree River. In spring 1990, after the opening of the Berlin Wall, this section was painted by 118 artists from 21 countries over a length of 1316 meters.

Rating

B
CategoryRatingPoints
LocationPrimary
1
VacancyVacant
3
Development StageManagement
1
Track RecordMore than € 250 million developed
1
Asset TypeResidential
Duration18-36 months
2
Existing Bank FinancingYes
Pre Sales0-9,9%
3
Total
11
B
Rendity Rating are for informational purposes only. Real estate projects may fail. In the worst case, even the total loss of the invested capital can occur. You should therefore only invest funds you can afford to lose. Moreover, funds should be spread across various projects (diversification). Please note the respective documents for each project as well as the Risk Notice.

Team

Fourreal meets the challenge of contemporary space creation with the new construction or revitalisation of high-quality residential properties. When it comes to real material assets, Fourreal is the right contact. Since its foundation, the focus has been on project realisations in inner-city areas as well as on the development of living space in locations with a special quality of life. In addition to project development of upmarket residential properties, Fourreal concentrates on investments in properties for its portfolio. Precise property research and direct, compact planning enable the elimination of intermediate interfaces and thus maximum cost efficiency. Good creditworthiness and financial resources enable quick and flexible decisions.

FOURREAL GmbH

Milestones
Property Purchased
Building Permit
Start of Construction
Start Sales
Construction work completed