Partnership Holland Gardens

• Type of property: A luxury apartment complex in a good location in Edmonton, Alberta, Canada
• Interim interest during construction: 5% interim interest will be paid out until the delivery date
• Projected gross yield (before taxes): 14.5% per year
• Participation fee: starting at 20,000 CAD (approx. 12,200 Euros), excluding 3% issuing fee
• Maximum number of participations: 512
• Yield disbursement: Disbursement of the cash flow yield shall be performed twice annually.
• Investment horizon: Investment horizon of 7 years
• Taxability and risk: The selected investment structure is tax-friendly and limits the partners’ liability to the amount of their participation.
• Experience and management: The Homburg Group’s years of experience and proven expertise, as well as its financial interests in maximizing returns, provide assurance of excellent management.
• Partnership founded: August 2004

• The total investment comes to 30,246,000 CAD, including costs.
• The required equity capital of 10,240,000 CAD has been raised by Maatschap Homburg Holland Gardens, divided into 512 participations.
• Yield per participation

	Year 1	Year 2	Year 3	Year 4	Year 5	Year 6	Year 7	Ave.
Total gross yield	12.0%	8.5%	14.9%	15.5%	16.2%	16.8%	17.5%	14.5%
Total ned yield for individuals	8.2%	6.9%	12.6%	12.9%	13.2%	13.3%	13.5%	11.5%
Total net yield for companies	7.1%	6.5%	11.9%	12.1%	12.3%	12.3%	12.3%	10.6%

• Please see under Yields for the average annual yield on equity capital.

This appartmentbuilding is being made in Edmonton, Alberta, Canda. Holland Gardens is situated northeast of the downtown centre. Near 62nd Street and 134th Avenue.

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On the property of Holland Gardens are 2 buildings with 4 floors realized. The buildings contain 234 apartments including 80 one-bedroom apartments and 154 apartments with 2 bedrooms. Under the building there is space for 278 cars. There are 74 parking spaces available for visitors and residents.

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