PARAMETER OF THE KG


  LOCATION  
  • Geographic focus: Europe and Mediterranean Region a mixture between strong and stable tourism-countries and countries with a weakness in the tourism sector like Egypt, Tunisia and Morocco
 

OBJECTS

 
  • Primarily existing properties without operator and, if necessary, the purchase of non-completed projects („distressed properties“ and „distressed loans“)
  • The properties will be divided into two categories with in each case approx. 50% of the asset volume: 
    • Individual properties up to €10 million
    • Resorts and big hotels higher than €10 million 
  CONCEPT  
  • Volume: Total investment up to € 500 million 
  • Legal structure: asset managing limited partnership 
  • Risk: In relation to third parties liable contribution registered in the commercial register 
  • Equity capital (planned): financing of the Purchase of properties 100% equity financed without external borrwing 
  • Prognosticated term: after 5 - 10 years 
  • Prognosticated initial return: 7% (gross p.a.) 
  • Prognosticated target return: up to 15% (gross p.a.)  
 

BOARD & ASSET MANAGEMENT

 
  • HOREAL Management- and Beteiligungsgesellschaft mbH
  • GG Holding GmbH