Press Releases

Just in time for the start of the renowned FondsProfessionell congress in Mannheim, the Primus Valor Group announces the distribution of its latest alternative investment fund, ImmoChance Deutschland 14 Renovation Plus (ICD 14 R+). Placed shortly after the successful final spurt of the ICD 12 R+ with - contrary to the market trend - a subscription volume of 91.5 million euros, the ICD 14 R+ thus experiences a precision landing on the occasion of the No. 1 industry event for capital market professionals.

The alternative investment fund ‘ImmoChance Deutschland 12 Renovation Plus’ (ICD 12 R+ for short) was closed on 31 December 2024 with a raised limited partnership capital of 91.5 million euros. Investor interest was particularly remarkable in the last quarter of 2024: over EUR 32 million of the total capital of EUR 91.5 million was raised in the last three months alone. In total, over 2,000 investors have decided to place their trust in the ICD 12 R+ and thus become part of a proven investment strategy.

Investors in the G.P.P.4 fund can look forward to positive news at the start of the year, as the fund will significantly exceed the most recently communicated payout expectations. Instead of the originally planned payout of 30 per cent, an increased payout of 50 per cent will be made in January 2025. This brings the fund's total payout to 189 per cent - proof of the continued successful exit strategy of Primus Valor's fund no. 4.

Mannheim, 09 December 2024 - Mannheim-based capital management company Alpha Ordinatum GmbH is pleased to announce a further increase in the equity volume of its fund under management, ‘ImmoChance Deutschland 12 Renovation Plus’ (ICD 12 R+). At the end of November, the volume was increased to EUR 80 million. Following several successive increases since the fund was issued in spring 2023 - most recently to EUR 70 million at the beginning of October - the fund has now doubled its original equity target of EUR 40 million as set out in the prospectus.

The alternative investment fund ImmoChance Deutschland 12 Renovation Plus (ICD 12 R+) has been rated again by the rating company DEXTRO Group Germany. Following an initial rating of ‘AA-’ at the launch of the fund in spring 2023 and an update rating, it was upgraded again a few days ago to ‘AAA’. This means that the twelfth property fund in Primus Valor's ImmoChance Germany series has received the highest rating awarded by the rating company. DEXTRO based its decision on the management's proven market expertise and experience with regard to the targeted modernisation strategy, which it believes is supported by the issuing house's track record.

Primus Valor's residential real estate fund ‘G.P.P.4’ will make a payout of 30 percent¹ to its investors in the coming days. This is the result of successful sales from the fund's property portfolio in Steinau an der Straße, Kaufungen and Dresden.

Primus Valor AG is announcing a further increase in the equity volume of its current real estate fund, ImmoChance Deutschland 12 Renovation Plus. Launched in spring 2023 with planned equity of EUR 40 million, the volume was last increased to EUR 60 million in March 2024. The expansion to 70 million euros will now be implemented in the coming days.

The European Central Bank (ECB) has cut interest rates again, the second reduction this year, due to the slowdown in inflation in the eurozone. The deposit rate was reduced by 0.25 percentage points to 3.5 per cent. This adjustment is intended to make it easier for companies and private individuals to borrow and is expected to have a positive impact on economic growth.

- New ICD 12 R+ real estate fund in placement since March 29
- ICD 12 R+ qualifies as a financial product in accordance with article 8 of the EU Disclosure Regulation
- ICD 12 R+ offers investment in lasting value tangible assets

- Placement phase of the ``ICD 11 R+`` fund concluded with an amount of € 118 million of limited liability capital
- Record year: € 82 million acquired in the calendar year of 2022
- Cooling of the markets besets the real estate sector with challenges
- Residential properties are now subject to rising rents due to a shortage of housing

- Real estate fund still in great demand
- Increase in placement volume by €10 million to €110 million
- ICD 11 R+ already highly diversified due to investments in 25 locations

- ICD 8 R+ pays out 20 per cent to investors
- ICD 9 R+ is likely to make payments of 5 per cent by the end of 2022
- Investors in AIF ICD 10 R+ and ICD 11 R+ receive payouts in line with the prospectus
- G.P.P.1–3 funds to make payouts of €10 million in 2022

- ICD 11 R+ fund acquires 17 properties nationwide for €44 million
- ICD 11 R+ increases placement volume to €100 million

- Investors receive further returns of between 8 and 40 percent in May
- G.P.P. funds no.1 to 3 show annual returns of up to 11 percent
- Total payouts are up to 325 percent; final payments pending

- ICD 10 R+ fund acquires 47 units in Aachen for approx. 7 million euros
- ICD 10 R+ with a total investment of over 190 million euros now fully invested
- Total portfolio includes 28 locations and over 100,000 sqm of residential and floor space

- G.P.P.3 investors receive payout of 100 percent
- Liquidation of the G.P.P.1, 2 and 3 funds by mid-2022
- Preparing for liquidation of the G.P.P.4
- Total return of the ICD 8 R+ increases to 28 percent

- Properties sold at four locations nationwide
- Sales include a total of 640 residential and commercial units
- Total return currently slightly above forecast

- G.P.P.1 investors receive a 150 percent payout in early November
- Until now, continuous income since the initial issue of stock in 2007
- Total return now at 307 percent; 215 percent payout in 2021 alone

- Construction sector misses 2020 targets by 2 million tons of CO₂
- Primus Valor has been using energy efficiency renovations consistently for 15 years to reduce pollutant emissions.

- Mannheim issuing house with payouts again in 2021
- High reinvestment rate at ImmoChance Deutschland 11 Renovation Plus

- ICD 11 R+ fund in placement immediately
- Starting with €40 million of equity to be placed

- ImmoChance Deutschland 10 Renovation Plus closed with EUR 100 million in equity; total investment exceeds EUR 100 million
- G.P.P.3 pays out additional 80 percent to investors
- G.P.P.2 issues another 15-percent payout in 2021

- Liquidation procedures already resulting in current total payouts of 142 percent (G.P.P.1) and 144.5 percent (G.P.P.2)
- Remaining fund portfolios will continue to be sold successively
- Expected total payout forecasts will be raised again after liquidation

- Primus Valor Group acquires Heidelberger Hausverwaltung GmbH and doubles the number of units to be managed
- Expansion of staff by 20 employees

- ICD 10 R+ acquires real estate portfolio for approx. €28 million
- Purchase includes 285 residential units in Dortmund, Essen and Düsseldorf

- Primus Valor makes real estate purchases of over €45 million
- ICD 9 R+ purchases another property in Lünen

- Dextro Group rates ICD 10 R+ fund in its update rating as AA+
- Primus Valor receives two Deutscher BeteiligungsPreis 2020 awards for AIF of the Year and the Journalists’ Honorary Award

- ICD 10 R+ buys again in the double-digit million range within a few weeks
- ICD 9 R+ predecessor acquires more than 400 units for approx. Euro 30 million

- Portfolio purchase of five properties at three locations in North Rhine-Westphalia
- Purchase price of just over €10 million
- Planned rental yield of 6.5 per cent p.a.

- Funds G.P.P.1 to 3 with likely total payouts of approx. 197-259 percent each

- ICD 10 R+ issued since January 27, 2020 – initial equity of €30 million
- Predecessor ICD 9 R+ only recently placed early at equity of €100 million

- With 100 million Euro in equity, ICD 9 R+ has already been placed - waiting list has been set up
- Successor fund ICD 10 R+ expected to be issued at the end of January 2020

- Distributions of all current issues amount to more than €25 million in 2019
- ICD 7 R+ with 50 percent payout to investors in the 4th quarter of 2019
- Total distributions of all launched investments in the plan or better

- ImmoChance Deutschland 7 Renovation Plus pays out 50 per cent dividend
- Total return so far is up to 115.5 per cent – the forecast 26 per cent clearly exceeded
- Current ICD 9 R+ issue receives its hitherto best AIF rating (AA+) from Dextro

- Real estate packages in Siegen, Fulda and Lingen sold to institutional investor for more than €30 million
- Dissolution of the ICD 7 Renovation Plus fund planned within the next 12 months
- Low-cost purchase, exploitation of optimization potential and a flexible divestment strategy will continue to ensure success

- The sale is one of the largest German residential property portfolio transactions of past months
- 1,800 rental units will be taken over by the Primus Valor group of companies
- The value of this transaction lies in the range of three-digit millions