TSC Fund Berlin Residential

Investment Objective

The Fund invests in yield producing quality residential properties in the Berlin city centre and will seek to achieve capital appreciation over the medium term through active management and rents growth, while collecting current rents

Investment Strategy

The fund invests in stabilized income generating properties in Berlin’s prime central and emerging locations offering upside potential with the following main investment criteria:

  • yield producing properties with (if possible) some vacancy (20-30%)
  • Rent below current market level
  • Price/sqm: EUR 1,500 (average)

This strategy offers a unique investment proposition combining current cash flow with capital gain potential

Key Drivers of Performance

  • Renting of vacant space at current market level: old rent agreements 50% below current market
  • Rent increase through property improvements: common spaces, energy savings programs, façade, lift, etc.
  • Increase of rentable area: top floor (roof) permitted by law,…

Quarterly Adjusted NAV per share (*)
Current portfolio