Fund - Golden Estate FCR

Golden Estate Fcr Strategy and timeline Target IRR Exit strategy Who we work with The opportunity

Golden Estate Fcr

Equity Size

100 million €

Management Fee

1,75% per year on committed Capital

Carried Interest

20% subject to 6% Hurdle rate

Transaction Costs

5000€ + VAT (1000€ KYC and 4000€ onboarding and if the KYC is not
approved we will return the 4000€)

Target returns

Target IRR 15%

Risk Profile

Balanced asset allocation (Admar will balance risk through investments in yield assets and development assets)

Term

10 Years

Minimum Investment

100.000,00€

Tax Regime

a. Fund activity is tax exempt.
b. Non resident investors are tax exempt from profit distributions (investors will be liable for their own income tax)

Strategy – Timeline

The fund started its activity in January 2022 and will develop with the following timetable:

Target IRR

First 2 years to onboard investors and set up the investments without cash yield.

Year 3 and 4 expected cash yield of 5%.

Year 5 and 6 expected cash yield of 10%.

Global and final target IRR of 15% with total divestment starting in year 6.

(The numbers showed, do not represent real values.)

(The numbers showed, do not represent real values.)

Exit
Strategy

Exit strategy for investors should be in between years 5 and 8.

In Golden Estate fund the exit strategy is very clear but differs from asset to asset:

Income assets (Residential, logistics, offices, and tourism): typically for the income assets the strategy is to buy and hold for at least 6 years.

Development assets (Residential, logistics, offices, and tourism): the cycle runs typically between 3 to 5 years depending on the conditions and difficulty of licensing processes.

Industry and services: to be able to add relevant value, this type of investment must be held for 4 to 5 years.

Who whe
work with

For this project, we gathered the best people, the best partners, and the best assets to support us throughout the investment process.
The team accumulates years of experience and expertise in real estate investment, management, and finance.
Alongside this team, we will be able to invest securely and fast in order to achieve all proposed milestones and expected profitability.

Fund Management

Auditor

Depositary Bank

Supervision

Legal and Compliance

The
opportunity

Golden Estate FCR

In alignment with its investment advisory activity, Admar has opted to set up a fund (Golden Estate FCR), inviting investors to leverage combined experiences in grappling new investment opportunities.

Expected IRR of 15%

Golden Estate FCR has been set up to deliver target IRR of 15%. The fund is expected to have an initial target size of 100 Million Euros and a maturity of 10 years.

Evolving along

The concept of living, working, and retailing is constantly evolving and we want to be part of that evolution by creating solutions that adapt to real needs.

Investment alongside

Admar Partners and the Advisory board intend to invest alongside all onboarding new investors of the fund, ensuring alignment of interests and a strong commitment to the long-term success of the investments.

Yields around 15%

Today’s change in mobility, co-living, multifamily, nomad living, and workers as well as online retail,….. Are examples that make us believe that we will be facing a promising opportunity to access secure investments with estimated yields of around 15%.

New Challenges

Real estate is continuously changing, but with the pandemic, since January 2020 the real estate market is facing its biggest challenges yet.

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