Statement regarding Real Estate Bonds and Subordinated Loans of MAN-VASTGOED BV
MAN-VASTGOED BV offers investment opportunities to finance student housing, a market described as stable, growing, and experiencing a structural housing shortage. Investors can participate through two different investment options: real estate bonds and a subordinated loan .
Real estate bonds
- Objective: Financing new student housing.
- Security: Investors obtain a first mortgage on the property. This offers the highest level of security compared to a subordinated loan.
- Participation & Features:
- Minimum participation: €100,000.
- Terms: Choice of 2, 5 or 10 years.
- Interest payment: Monthly.
- Early repayment: Possible from year 3.
- Interest payments:
- Bond A (2 years, until 2028): 4.50% per year.
- Bond B (5 years, until 2030): 6.00% per year.
- Bond C (10 years, until 2035): 8.00% per year.
Subordinated Loan
- Purpose: Additional financing.
- Security: Investors receive a second mortgage . This means that in the event of liquidation or bankruptcy of MAN-VASTGOED BV, the holders of the real estate bonds (first mortgage) have priority over the holders of the subordinated loan (second mortgage) with respect to the collateral value.
- Risk profile: The loan has an increased risk in exchange for a higher interest rate.
- Participation & Features:
- Minimum participation: €100,000.
- Maturities: Choice of 2 or 5 years (until 2027 or 2030).
- Interest payment: Monthly.
- Interest rate: 10% per year.
Summary Difference in Risk and Return
The Real Estate Bonds offer a lower interest rate but solid security through the first mortgage. The Subordinated Loan offers a higher interest rate (10%) , but this comes with increased risk because it is only secured by the second mortgage, making the loan subordinate to the real estate bonds.
Investors can register via a form where they can indicate the desired investment type (Real Estate Bonds A, B, C or Subordinated Loan) and the desired investment amount.
Interested in participating in one of our investment rounds? Fill out the form below and we’ll contact you personally.
Registration form
Contact
info@man-vastgoed.com
Phone: +31 616592777