Partnership Wellington Courts

• 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): 14.2% per year
• Participation fee: starting at 20,000 CAD (approx. 12,200 Euros), excluding 3% issuing fee
• Maximum number of participations: 478
• 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 came to 30,826,218 CAD, including costs. The required equity capital of 9,560,000 CAD has been raised by Maatschap Homburg Wellington Courts, divided into 478 participations.

Yield per participation

	Year 1	Year 2	Year 3	Year 4	Year 5	Year 6	Year 7	Ave
Total gross yield	12.7%	8.5%	13.0%	15.4%	16.0%	16.6%	17.0%	14.2%
Total net yield for individuals	8.9%	6.8%	11.1%	12.8%	13.0%	13.1%	13.1%	11.3%
Total net yield for companies	7.7%	6.3%	10.6%	12.0%	12.2%	12.1%	11.9%	10.4%

This is a projection. Yields are based on 1 participation and no other Canadian revenues. The value of your investment may fluctuate. Results attained in the past are no guarantee of future performance.

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

Two angular buildings have been developed on the premises at Wellington Courts. The buildings are 4 storeys high. Together, the buildings have 218 apartments: 80 one-bedrooms, and 138 two-bedrooms. The underground parking deck has capacity for 290 cars. In addition to these, there are also 37 above-ground parking places for residents and visitors.

More information about Wellington Courts

This complex is being built in Edmonton, Alberta, Canada. Wellington Courts is situated near the MacEwan Road, south of the centre.

For information about Canada and Edmonton click here