-
International Developer
Borrower of the project ROCHLITZSTRASSE LEIPZIG is the C.S.A. Development GmbH. Managing Director and sole shareholder of C.S.A. Development GmbH is Andrzej Stanislaw Chmielewski, who grew up in Israel and has been working as a project developer on the German and international real estate market since 2009 and has already realized several projects.
MORE -
This is how Investors money in used
With the subordinated loan, the issuer will co-finance the construction of an apartment building with 5 residential units and 6 parking spaces totaling 2,390,000 euros. Subsequently, the units are to be sold
MORE -
Thorough information concerning this project can be found in the Investment-Exposé
MORE FILES
ROCHLITZSTRASSE LEIPZIG
New building of apartment building in Leipzig-Schleußig
|
|
- Investment type Loan
- Interest payments At maturity
- Funding threshold € 200,000
- Funding target € 530,000
The acquisition of this financial instrument involves considerable risks and can lead to the complete loss of the capital employed.
Still want to see ROCHLITZSTRASSE LEIPZIG details?
Show project detailsInvestment Overview
Fixed interest rate of 7% per annum
Term of 18 months after funding end
No additional funding obligation for investors
No fees for the investor - neither agio premium nor ongoing management fees
Growing real estate market in Leipzig
Residential property with 5 flats and 6 parking spaces
New construction project in Leipzig-Schleußig
Assigned income claims *
* For the benefit of the investors subordinated security in the form of security assignment of withdrawal claims of shareholders means that the shareholders may only make limited withdrawals from the assets of the issuer prior to full repayment of the loan amount. An additional pool of assets, which could be used in case of failure of the issuer to provide additional recoverable assets, is not provided by this security assignment.
THE INVESTMENT OFFER |
|
Type of investment | Subordinated loan |
Borrower |
C. S. A. Development GmbH | c/o BD&E Rechtsanwälte, Neumannstraße 10, 40235 Düsseldorf |
Loan size | 530,000 Euro |
Inteded use of loan | Construction of a new apartment building |
Charges to investors | None |
Minimum investment amount | 500 Euro |
Interest rate | 7.00 % p.a |
Duration | 18 months |
Repayment | At maturity |
Interest payment | At maturity |
to view the entire table.
THE PROPERTY | ROCHLITZSTRASSE LEIPZIG |
|
Property | Construction of a new apartment building in Rochlitzstraße 55, 04229 Leipzig |
Year of construction | 2018/2019 |
Site area | 290 m2 |
Planned Units | 5 apartments and 6 car parking spaces |
Planned total rental area | 653 m2/ |
Currency | Euro |
Total investment volume | 2,390,000 Euro |
Borrowed capital (banks) | 1,610,000 Euro |
Equity | 250,000 Euro |
to view the entire table.
PROPERTY
PROJECT PROFILE
-
Leipzig: Young, hip and dynamic
Leipzig is currently the fastest growing city in Germany. The more than 800-year-old commercial, trade fair and university city has much to offer - from architecture in the Wilhelminian charm, through a lively cultural scene to idyllic green spaces and seascapes. Terms like "The better Berlin" or "Hypezig" have established themselves in the growing creative scene. Having one of Germany's oldest universities, Leipzig trains highly qualified specialists for the future. Major corporations such as Porsche and BMW, logistics centers from Deutsche Post and Amazon, and the airport are helping to make Leipzig one of the region's economic and job engines. Leipzig has become a magnet that primarily attracts young people from all over Germany. Prof. Harald Simons, a board member of the Empirica Institute, describes Leipzig as a city of swarms. Young people, he explains, like birds flock together and move together in the scene cities.
-
Demographic sensation: 25% growth until 2030
With an annual population growth of more than 2 percent, Leipzig is currently one of the fastest growing cities in Germany. Leipzig's population has grown by almost 62,000 since the end of 2016 to 579,350. These resident profits are due to the positive migration balance and the growing birth surplus. This is actually a small demographic sensation. For the forecast period until the year 2030, a population growth of approx. 25 percent to approx. 722,000 inhabitants is forecasted. This implies, of course, a great need for living space.
RISKS AND REWARDS
REWARDS |
RISKS |
|
|
to view the entire table.
IFUNDED-RISK ASSESSMENT
- A
- B
- C
- D
- E
For each project on iFunded the risk is determined using a standardized procedure. There are a total of seven criteria, by means of which the project risk will be assessed. Depending on the severity of the individual risk criteria, risk points will be awarded and added up at the end. Depending on the number of risk points, the real estate project is classified into one of five risk classes. The risk categories go from A to E, with A being low risk and E for higher risk.
In total ROCHLITZSTRASSE LEIPZIG earns 19 Risk Points and therefore achieves Risk Category C. This is how the criterias are build up:
to view the entire table.
Risk criteria | Specification | Risk points |
Debt ratio | 67.4 % | 3 |
Equity ratio | 10.5 % | 3 |
Macro location | Leipzig | 2 |
Micro location | District in Leipzig-Schleußig | 1 |
Development phase | Construction of new building | 4 |
Issuer experience | Total investment volume <50 million € | 4 |
Securities | Personal guarantee | 0 |
2nd rank loan | 2 | |
Profit transfer claims | 0 | |
Overall | 19 |
DEVELOPER
Borrower of the project ROCHLITZSTRASSE LEIPZIG is the C.S.A. Development GmbH. Managing Director and sole shareholder of C.S.A. Development GmbH is Mr. Andrzej Stanislaw Chmielewski, who has been working as a project developer in the German and international real estate market since 2009 and realized his projects. Mr. Chmielewski, born 22.08.1953, lives in Israel and completed his time with the Israeli Air Force B.A. in civil engineering. Subsequently, he oversaw various construction projects with the Israel Defense Forces and thus gained his first practical experience in the real estate sector. In 2000, Mr. Chmielewski began his military career as Lieutenant Colonel and Africa Israel Investments GmbH - a group of companies active in the international real estate and construction business. In this case, the different leadership positions. Since 2009, Mr. Chmielewski develops real estate projects in Israel, Eastern Europe and Germany as an independent entrepreneur. In the years 2012 to 2013, he worked successfully with a project company in the German real estate market before turning back to projects abroad. During this time (2012-2013), Mr. Chmielewski successfully developed a total of 5 residential and commercial buildings in Berlin with a total project volume of 9.53 million euros. Mr. Chmielewski is currently focusing his entrepreneurial activities in the German real estate market.
APPLICATION OF FUNDS
The subordinate loan is intended to co-finance the construction of a new apartment building with a total investment volume of around 2,390,000 Euros.
Measure/Scheme |
Costs including Tax |
Purchase price | € 660,000 |
Acquisition costs | € 36,300 |
Construction costs | € 1,342,000 |
Backup construction costs | € 118,500 |
Cost of financing | € 125,560 |
Distribution costs | € 61,701 |
Overhead costs / other | € 45,939 |
Total costs | € 2,390,000 |
to view the entire table.
FINANZIERUNGSSTRUKTUR
Documents
Please note that this is merely a non-binding convenience translation. If you have problems of comprehension, please seek external support.
Register now and never miss a project again!
Please create a free account on PlanetHome-invest.com to be informed of the launch of the project. You will automatically receive our PlanetHome Investment Newsletter with all news about the real estate market.
Our other projects
We are currently checking various real estate investment opportunities for you, and will inform you as soon as our real estate experts have chosen a new project that satisfies our high standards. Make sure to register if you want to stay up to date.