The Augusta Private Investment Syndicate in Wiesbaden, Germany

Company information:

Company incorporation date: January 2008
Investment term:       Medium term                                  
Minimum investment: €250,000 (Closed for Investment)
Investment rationale: Income generation and capital growth
Projected income: 4.8% per annum paid quarterly

Projected payments to date – 14 quarterly payments of 1.2% of investment principal each
Actually paid – 14 quarterly payments of 1.2% of investment principal each

 

 The property was refinanced in 2013.  The property value has appreciated steadily over the life of the Company and continues to progress. 

 

Friedrich-Bergius-Strasse 10 – 16, Wiesbaden, Germany

Friedrich-Bergius-Strasse 10 - 16 is a modern, standalone retail complex, currently comprising four retail units and one office unit. Built in two stages – in 1995 and 2002 – it is in excellent condition. It is located on a very busy intersection at the heart of Wiesbaden’s suburban retail district with approximately 75 overground parking spaces.

Property Location

  • Wiesbaden, one of Germany’s most affluent cities
  • State capital of Hessen, the federal state containing the cities of Frankfurt, Darmstadt, Offenbach, Kassel and Giessen
  • Ranks top 10 based on economic indicators
  • It is part of the Rhein Metropolitan Area of 5.5 million people, which includes the cities of Frankfurt and Mainz and is one of Germany’s commercial hubs
  • It has a thriving retail sector centred on suburban retail complexes
  • Surrounding companies: 2 large DIY store chains, furniture multiples, supermarkets, McDonalds, plant and garden hypermarket.

Lettable area: 3,612m² on a plot area of 6,109m²

Tenancy

The retail units are fully let. The leases are held by Vodafone, clothing retailer Bonprix, bike and outdoor company BOC, German retail giant Tchibo and WIV Wein International AG, wine importer and retailer.


Friedrich-Bergius-Strasse 10 – 16, Wiesbaden, Germany