AUGUSTA BULLETIN Q3 2011

Welcome
to the third issue of our quarterly ezine – the Augusta Bulletin!

This have been a particularly busy last quarter for Augusta.

First and foremost, we are now settling in to our new offices in Sandyford. We have just moved here from Monkstown, where we have been based since Augusta was founded back in 2004. The steady expansion of our team has meant that this move was long overdue to accommodate everyone and allow for future growth.

In addition, this last quarter witnessed a particularly active phase of asset acquisition. We signed purchase contracts on properties for both Augusta Returns Plus and Cash Faktor investments. More details on the purchase of these properties are detailed within the newsletter. We also acquired a €10m commercial asset in Hannover for a private client.

We have almost reached the first exit point in our series of syndicated investments. We are aware that many of you would like to remain with your investment, to get the best return from the improving German property market.

With this in mind we have created a new income generating fund that will purchase the properties from the syndicates reaching their end dates. By rolling the investments into a fund, the exiting investors are guaranteed a timely buyer. The new fund will provide greater liquidity allowing investors to top up or draw down on their investments, as well as receive quarterly payments. Those who need to exit can of course do so, at the share valuation on the exit date.

The combination of regular tax-efficient return with additional projected capital uplift offers the prospect to our investors to transfer into a better investment model at no transfer cost.

This is a great opportunity for our clients to earn a steady cashflow from a tried and trusted portfolio of performing German assets. We will keep you posted as your syndicate exit approaches, but in the meantime please click here for further details.

We look forward to talking with you all in more detail in the coming months and welcome any immediate queries you may have.

Yours sincerely

Jerry Purcell
Marketing Director
Also
in this newsletter
Take note of our new address!

Our new address is:

Augusta Property Services Ltd
Apex Business Centre
Blackthorn Rd
Sandyford
Dublin 18
Tel: (01) 2948614
Fax: (01) 4811842

All correspondence relating to your syndicate company can also be sent to this address. If you have any queries in relation to our new contact details please email Rachel Gallagher, Marketing Communications at rachel@augusta.ie

Next Generation Investment product

So how does the new fund work?

- It will pay tax-efficient returns on a quarterly basis, in addition to any further capital growth the market and assets deliver.
- The new fund will take over all the existing Augusta syndicates as they reach their end date, providing a timely buyer for exiting investors.
- Investors in each syndicate can transfer into the new fund, capturing the value of their syndicate shares at the transfer date
- Investors who need to exit from their current syndicate, rather than transfer into the new fund, may do so at the value on that date.
- Unlike the syndicates, investor funds will not be locked in and will be available for withdrawal (subject to a notice period and fund reserves).
- All clients will have the ability to make new investments into the fund.

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Property purchased on behalf of Augusta Returns Plus

We are delighted to announce the purchase of the property in Kassel on behalf of the Augusta Returns Plus Syndicate, which was completed last month.

Augusta Returns Plus is our latest syndicate in Germany which was launched last year. Whilst negotiation took longer than expected on the purchase of the property, we are very pleased with the end result. Due to a competitive purchase price for the Kassel building which represents a yield of over 12% we are in a position to make greater annual payments to our investors than in our initial projections.

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Lease signed for new nursing home operator in Hohenlockstedt

The directors are delighted to have signed a lease for a new nursing home operator in Hohenlockstedt for the Fourth Augusta Syndicate. As you may be aware we have been searching for some time to replace the existing tenant who is of poor covenant. We have now signed a lease with Anderson Holding AG who are a multiple nursing operator in Germany.

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Keeping up-to-date!

Keep in touch with Augusta and our latest developments via our blog on our website and our exclusive LinkedIn group for investors. You can also access your share valuations online.

Click here for more
T: +353 1 2300 858 F: +353 1 2300 868
E: info@augusta.ie W: www.augusta.ie