Business Description

The investment objective of the Company is to achieve capital growth and income via investments principally in residential property in Berlin and in other cities in the former German Democratic Republic (“DDR”). The Directors believe the residential market to be attractive in Germany, partly because of high yields relative to other countries, which can match or exceed funding costs, and partly because it is possible to buy property at a discount to replacement cost. Owner occupation in the DDR remains low, but is now rising, while a developing buy-to-let market has emerged.

last updated on 02/05/2018