ADREALIS Service Kapitalverwaltungs-GmbH, a company of the XOLARIS Group, has received marketing approval for the new public AIF of its client Verifort Capital. The real estate fund Verifort Capital HC1 invests in domestic real estate from the areas of inpatient nursing homes, assisted living and day and outpatient care. The public AIF can be subscribed by investors with a minimum investment of EUR 5,000 plus 5% front-end load and has a planned fund volume of around EUR 35 million.
ADREALIS has received marketing approval from BaFin for the public AIF Verifort Capital HC1. The fund is thus a fully regulated investment fund. Verifort Capital HC1 GmbH & Co. geschlossene Investment KG, which is designed as a real estate fund, invests in at least three care properties of different types of use in the healthcare market in Germany.
“On the part of our client Verifort Capital, the asset class “healthcare” is seen as an attractive asset class due to demographic change and the associated demand for such properties. Even though the asset class was already in the investment focus of Verifort Capital before Corona, assisted living facilities for the elderly have proven to be particularly stable, especially in these times marked by the pandemic, because secure long-term income can be generated, says Hendrik Böhrnsen, Managing Director Portfolio Management of ADREALIS.
The fund can be subscribed to by private investors from a minimum investment amount of EUR 5,000 and initially up to an issue volume of around EUR 16 million. “With Verifort Capital HC1, we are opening up a future market to private investors that is otherwise only accessible to professional investors. In doing so, we deliberately focus on the regulated AIF and select the properties and operators according to the highest standards and detailed, personal due diligence. In doing so, we pay attention to both financial criteria and the implementation of sustainable and ethically sound management of the care properties,” explains Rauno Gierig, CSO of the Verifort Capital Group. The term of the fund is 10.5 years and ends on 31 December 2031. In the base scenario, a total return of funds of around 149.9 per cent before tax is forecast. This puts the quarterly distribution at 4.75% p.a. before tax (forecast).
The fund is basically designed as a blind pool, whereby the first investment property has already been purchased. The initiator himself will take over about 10% of the fund volume with a subscription of EUR 1.6 million, thus underlining his own confidence in this investment fund. At the same time, this equity share was sufficient to purchase the first property for the fund. This ensures that the real estate portfolio will be built up shortly after the start of sales and that the fund, and thus the investors, will generate secure income.
Important information/disclaimer Verifort Capital HC 1 GmbH & Co. geschlossene Investment KG is a closed-ended domestic public AIF for private investors within the meaning of section 261 (2) no. 1 KAGB. This press release serves to provide information about the investment opportunity in the AIF. It is non-binding and does not claim to be complete. The information provided here does not constitute investment advice. An investment decision cannot be justified on the basis of this brief information. The Investment Memorandum (including the risk information), including any updates and supplements, as well as the Terms and Conditions of Investment are solely authoritative. Subscriptions may only be made in conjunction with the Investment Memorandum, the Terms and Conditions, the Memorandum and Articles of Association of the AIF and the Accession Documents. Interested investors are advised to discuss the legal, tax and accounting aspects with their advisors before investing. Statements and information in this brief information contain risks and uncertainties; a total loss of the capital invested is also possible. Assumptions cannot be understood as a guarantee that the actual development will correspond to the plans.
Verifort Capital Distribution GmbH
Konrad-Adenauer-Str. 15,
D-72072 Tübingen Partner: Rauno Gierig
Tel: -49 7071-3665203, E-Mail: r.gierig@verifort-capital.de
