Risk Evaluation iFunded: B
On iFunded’s webpage, every project is evaluated based on 9 defined criteria and placed into one of 5 risk categories (A-E). SCHILLERPROMENADE BERLIN is placed in risk category B and therefore at relatively low-risk.MORE
The issuer of SCHILLERPROMENADE BERLIN project is Schillerpromenade 6, Herrfurthplatz 4 Grundbesitz GmbH. Managing Director and sole shareholder of Schillerpromenade 6, Herrfurthplatz 4 Grundbesitz GmbH is Mr. Ioannis Moraitis, who has been building a portfolio of residential real estate in Berlin since 2011.MORE
This is how Investors money in used
The subordinated loan is intended to finance the purchase of the property in the amount of approximately 6,500,000 Euros. In the second step, a further subordinate loan will be taken for the renovation of the building. A total cost of 10,524,000 Euro was calculated for the project.MORE
Thorough information concerning this project can be found in the Investment-ExposéMORE FILES
Residential and commercial property in Neukölln
- Investment type Loan
- Interest payments Semi-annually
- Funding threshold € 1.000.000
- Funding target € 1.100.000
- Funding limit € 1.100.000
The acquisition of this financial instrument involves considerable risks and can lead to the complete loss of the capital employed.
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