Recent and ongoing sales demonstrate capital gains compared to acquisition prices and sales prices higher than the latest valuations of these assets
Divested Asset
Acquired in 2018 for €3.8M, a quality building having obtained BREEAM certification. Regular rental income was received of around €270,000 per year. After 5 years of ownership, a sale in March 2023 for €4.7M generated a capital gain of 23% and a sale price higher than the latest valuation of €4.4M.
Divested Asset
Acquired in 2018 for €4.8M, a quality building having obtained BREEAM certification. Regular rental income was received of around €363,000 per year. After 5 years of ownership, a sale in March 2023 for €5.7M generated a capital gain of 19% and a sale price higher than the latest valuation of €5.6M.
Under Sale
Acquired in 2017 for €1.2M and after 7 years of ownership, a sale is ongoing for the second half of 2024 at a price of €1.4M, generating a capital gain of 17% and a sale price well above the latest valuation as of 12/31.
Under Sale
Acquired in 2020 for €1.8M, regular rental income was received of around €143,000 per year. After 4 years of ownership, a sale is ongoing for the second half of 2024 at a price of €2.1M, generating a capital gain of 17%.