publity Investments

Investments

The properties are acquired below market value. The “manage-to-core” approach assures an increase in value so the properties can be sold for a greater return. This is how publity generates greater added value for the company and its investors – and in the shortest possible time. Below you will find the publity AG inventory and track record.

Frankfurt, Centurion

YEAR OF CONSTRUCTION1993, Refurbishment 2015
RENTABLE AREA28,680 m²
VACANCY1,314 m²
WAULT4 years

Frankfurt, Westend Carree

YEAR OF CONSTRUCTION1987, Refurbishment 2010
RENTABLE AREA30,772 m²
VACANCY5,587 m²
WAULT4 year

Munich, Sky Headquarter

YEAR OF CONSTRUCTION2010
RENTABLE AREA30,391 sqm
VACANCY0 sqm
WAULT7.4 years

Frankfurt, Access Tower

YEAR OF CONSTRUCTION1970, complete renovation 2002
RENTABLE AREA20,934 m²
VACANCY0 m²
WAULT10,0 years

Essen, Quattro

YEAR OF CONSTRUCTION1969/1975;
renovations 1989, 1994
RENTABLE AREA93,595 m²
VACANCY0 m²
WAULT22 years

publity Investments

portfolio

Impressions of publity AG real estate

publity AG manages assets worth more than 5.5bn euros throughout Germany. Here is an insight into the portfolio. Below you will find the portfolio and track record of publity AG.

publity Investments

REAL ESTATE SITUATION

German real estate market

Quality real estate in a good location

Participation in the publity performance fund offers attractive opportunities, which, in view of the development of the German real estate market, promise high returns from the purchase, management and sale of real estate from non-performing financing.

Revenues from the management and sale of real estate

The publity financial group and its senior staff have many years experience in the management and successful sales of real estate, enabling shareholders and investors to capitalize. Affiliated companies will only invest in properties if the probability of the earnings forecast being achieved or exceeded is high. Investments are only made in metropolitan areas with development potential and in properties offering stable value. Investment decisions are based on the possibility of optimizing the tenant structure and achieving maximum sales revenue.

publity Investments

INVESTMENT PROFILE

publity AG Investment Profile

  • Commercial property (preferably office buildings)
  • no operator-run properties
  • single tenant and multi-tenant structure
  • core, core plus, value add
  • Occupancy rate 0% – 100%
  • Top 10 locations in Germany
  • commission-free purchase
  • Individual property volume: €5 – 400 million

publity AG Advantages

  • short-term tending
  • exclusive and semi-exclusive LOI for DD period from 4 – 8 weeks possible
  • standardized assignment of due diligence:
    • Legal DD: Simmons & Simmons
    • Technical DD: albrings + müller ag
  • high transaction security through pure equity purchase
  • Evidence of equity when the offer is submitted
  • high transaction speed (4 – 8 weeks)

For a prompt preliminary check, please send us a complete rental overview with the exposé and feel free to telephone our contact person.

Please contact

Mr. Schneider| Phone: +49 (0) 341 26 178 710| Fax: +49 (0) 69 69 59 73 555| Email: f.schneider@publity.de

publity AG | Opernturm, Bockenheimer Landstraße 2 – 4 | 60306 Frankfurt am Main | Germany


publity Investments

MARKET ENVIRONMENT

A multi-billion-dollar specialist market

Market with potential: Real estate from overheated markets

Finding opportune properties in the current real estate market environment it is not easy, with the low-interest phase and the threat of Brexit intensifying the situation. The publity network and database still enables us to find affordable properties, allowing for a quick and efficient acquisition.

publity Investments

Performance Funds

publity Performance Funds

Why invest in publity closed-end funds? Closed-end funds from the publity performance fund portfolio are an interesting alternative to classic investments in the investor’s portfolio, because with just over 10 years of experience publity has developed an unrivalled product.

Overview Real Estate Fund / AIF

LaunchedIssuing phaseStatusIssued capital (euro)
publity Performance Funds Nb. 62013/05/072013/07-2017/06in process33,443,000
publity Performance Funds Nb. 72013/10/102014/02-2015/12in process41,980,000
publity Performance Funds Nb. 82015/03/132016/01-2017/12in process30,312,000
Total105,735,000

publity Performance Fund Nb. 8

With a portfolio of German property acquired through bank liquidations, publity Performance Fonds Nr. 8 GmbH & Co. geschlossene Investment KG received authorisation to sell from BaFin in accordance with the new law as the second closed public investment limited partnership (KG) and invests in a wide range of high-quality commercial properties in good locations, primarily in metropolitan areas with growth potential, such as Frankfurt am Main, Düsseldorf, Hamburg, Berlin and Munich.

The issue phase of the fund company runs until 31 Dezember 2017. The issued capital is to amount to EUR 30,000,000 (including start-up capital without premium).

Facts and figures

Legal structureGmbH & Co. KG
Provider and fund managementpublity Performance GmbH (KVG)
Investmentlimited partner’s share
Formation of fundsMontag, 2015/03/16
Commercial registryCounty court Leipzig, HRA 17305
General partnerpublity Emissionshaus GmbH
Founding limitedHF Treuhand GmbH
Trustee limitedHF Treuhand GmbH
Depositary bankCACEIS Bank Deutschland GmbH
Finance projectsGerman properties on bank recovery
Prospect primary funding30,000,000 Euro
Subscribed primary funding(Still in issue phase)
Equity30 Mio. Euro (60% Leverage)
Premium5 %
Minimum subscription amount10,000 Euro
Sales launchTuesday, 2016/03/01
Start of issue phaseFriday, 2016/01/01
End of issue phaseSunday, 2017/12/31
End of termFriday, 2021/12/31
Forecasted distribution152.37 %
DownloadsSales Prospectus publity Performance Fund Nb. 8

Application for membership Fund Nb. 8

Annex 1, Fund Nb. 8

Annex 2, Fund Nb. 8

Annex 3, Fund Nb. 8

Supplement Nb. 1 Sales Prospectus Fund Nb. 8

Supplement Nb. 2 Sales Prospectus Fund Nb. 8

Supplement Nb. 3 Sales Prospectus Fund Nb. 8

Fund Nb. 8 Key investor information

Annual Report Fund Nb. 8 2015

Annual Report Fund Nb. 8 2016

Jahresbericht_Fonds 7_JAP_2018 Jahresbericht_Fonds 8_JAP_2018

Jahresbericht_Fonds 8_JAP_2018

Jahresbericht für das Geschäftsjahr vom 01. Januar 2019 bis zum 31. Dezember 2019 _ AIF 8

Jahresbericht für das Geschäftsjahr vom 01. Januar 2020 bis zum 31. Dezember 2020 AIF 8

Jahresabschluss für das Geschäftsjahr vom 01. Januar 2021 bis zum 31. Dezember 2021 AIF8

publity Performance Fund Nb. 7

With a portfolio of German property acquired through bank liquidations, publity Performance Fonds Nr. 7 GmbH & Co. geschlossene Investment KG received authorisation to sell from BaFin in accordance with the new law as the first closed public investment limited partnership (KG) and invests in a wide range of high-quality commercial properties in good locations, primarily in metropolitan areas with growth potential, such as Frankfurt am Main, Düsseldorf, Hamburg, Berlin and Munich.

publity Emissionshaus GmbH launched publity Performance Fonds Nr. 7 GmbH & Co. geschlossene Investment KG in February 2014. The issue phase of the fund company run until 30 June 2014. The issued capital is to amount to EUR 100,000,000 (including start-up capital without premium).

DownloadsAnnual Report 2017/01/01 until 2017/12/31

Jahresbericht_Fonds 7_JAP_2018

Jahresbericht für das Geschäftsjahr vom 1. Januar 2019 bis zum 31. Dezember 2019 _ AIF 7

Jahresbericht für das Geschäftsjahr vom 01. Januar 2020 bis zum 31. Dezember 2020 AIF 7

Jahresabschluss für das Geschäftsjahr vom 01. Januar 2021 bis zum 31. Dezember 2021 AIF7

publity Performance Funds Nb. 6

publity Emissionshaus GmbH launched publity Performance Fonds Nr. 6 GmbH & Co. KG in June 2013. The fund company’s issue phase was extended to 30 June 2014. The issued capital was to amount to EUR 40,000,000 (including start-up capital without premium). The fund company raised limited partnership capital of EUR 33,386,000 (without premium) by 30 June 2014.

Investors may invest in publity Performance Fonds Nr. 6 GmbH & Co. KG starting from a minimum subscription amount of EUR 10,000. The total issue capital of the fund will amount to EUR 40 million. The subscription period will end no later than 30 June 2014. The term of the fund company is limited to 31 December 2018.

Dates and facts

Commercial registryAmtsgericht Leipzig, HRA 17305
General partnerpublity Emissionshaus GmbH
Minimum subscription amount101000 Euro

Jahresbericht_Fonds 6_JAP_2018

Jahresbericht für das Geschäftsjahr vom 1. Januar 2019 bis zum 31. Dezember 2019 _AIF 6

Jahresbericht für das Geschäftsjahr vom 01. Januar 2020 bis zum 31. Dezember 2020 AIF 6

Jahresabschluss für das Geschäftsjahr vom 01. Januar 2021 bis zum 31. Dezember 2021 AIF6

publity Performance GmbH

The fund management of the current publity Performance Fund has been assumed by publity Performance GmbH. As a capital management company in accordance with the new law of the German Capital Investment Code (KAGB), it must have permission granted by the Federal Financial Supervisory Authority (BaFin).
The personal and professional suitability of both Managing Directors, Frank Schneider and Christoph Blacha and the composition of the three-person Supervisory Board formed the subject matter of a thorough audit by BaFin. publity Performance GmbH satisfies the new legal requirements, which include the development of portfolio and risk management, the appointment of a custodian, increased requirements for the starting capital, the regular valuation of the fund company’s assets and the net inventory value, as well as the outsourcing of activities, such as compliance and money laundering, by the capital management company.
These also include risk and liquidity management, the preparation and auditing of the annual financial statements and relevant information and transparency duties. In addition to both Managing Directors, a further seven qualified employees of publity Performance GmbH ensure that the increase in security and transparency required by the legislator is fully and sustainably implemented at the current publity Performance Funds.
Testat publity Performance GmbH JAP 2022
Testat publity Performance GmbH JAP 2021

Risk management

Risks cannot be avoided in the context of financial activity. They are part of any business operations and are necessary requirements for corporate success. Risk management ensures the responsible and controlled handling of assumed risks. By balancing the company’s total risk with opportunities for earnings, risk management should ensure an ideal balance between risks and earnings.

Risk management at publity Performance GmbH identifies, measures and monitors the risks arising from business operations. The measures needed to manage the risks are defined with the goal of recognising early risks that could endanger the company’s existence and implementing countermeasures.

Risk management defines risk coverage potential for publity Performance GmbH as well as the AIFs it manages, and limits the respective risks. In accordance with the provisions of the KAGB, the following types of risk in particular are categorised and monitored:

  • Market risks
  • Counterparty default risk (credit risks)
  • Counterparty risks
  • Liquidity risks
  • Operational risks

Liquidity management

Liquidity management comprises all significant processes that affect the profitability of publity Performance GmbH and the AIFs under its management.

In the context of the liquidity management system, procedures are determined and carried out that enable publity Performance GmbH to cover the liquidity profile of the AIFs with existing liabilities. Liquidity management encompasses investment strategies, payment obligations and divestment deadlines, as well as information in relation to the development of property prices and capital market interest rates, the revenue achievable through the investment properties and general economic development.

Through ongoing monitoring and the use of stress tests, publity Performance GmbH monitors and evaluates the liquidity structure of the AIFs, taking normal and extraordinary business issues into account.

Liquidity management provides the liquidity specified in the investment conditions, taking into account the value of the AIFs and the intended asset investment disinvestment decisions and ensures the necessary solvency of the AIFs.

Custodian

CACEIS Bank Deutschland GmbH fulfils the role of custodian for the investment companies. The implementation of a custodian is legally prescribed within the context of the AIFM implementation and the associated introduction of the German Capital Investment Code.

In this role, CACEIS Bank Deutschland GmbH is responsible for monitoring and checking the ownership situation and the compliance with the associated duty to keep records. Furthermore, CACEIS ensures that the issuing of units in the fund company and the calculation of the value of units in the fund company comply with the regulations of the German Capital Investment Code, as well as the articles of association and the investment conditions of the fund company. Furthermore, CACEIS Bank Deutschland GmbH is responsible for monitoring the company’s cash flow and also bears the responsibility for monitoring the fund company’s overall cash flow.

In addition, the custodian is to use suitable measures to ensure that the generated earnings of the fund company comply with the regulations of the German Capital Investment Code, as well as the articles of association and the investment conditions of the fund company. CACEIS also reviews the completeness and correctness of payments to the investors.

Security

Through the new German Capital Investment Code (KAGB), a legal framework in line with EU law was created that sets new benchmarks and standards in the areas of security and transparency.

The current Performance Fund fulfils all legal requirements to guarantee complete state supervision and audits by the Federal Financial Supervisory Authority (BaFin) and the German Bundesbank. The external management company, publity Performance GmbH, is therefore obliged to inform BaFin of significant business transactions and corporate decisions immediately, and to present regular quarterly and annual reports.

The obligations to report regularly as well as the requirement for state supervision and audits are supplemented by a system of extensive, reciprocal controls that was jointly created by publity Performance GmbH, its Supervisory Board, CACEIS Bank Deutschland GmbH as custodian, the commissioning of external service providers for compliance and defence against money laundering and the commissioning of independent, nationally recognised legal firms and experts with the regular valuation of investment properties.