The portfolio of the fund DW1 comprises 62 apartments and 16 garages, totally amounting to 96% of the property, the remaining 4% are shops.
DW1 stands for Deutschland Wohnungen 1 (German Residences 1). All properties are located in West-German towns close to the Netherlands – Oberhausen, Mülheim, Duisburg and Marl.
WVGH has acquired this real estate portfolio without the means of bank financing. Therefore, the investors in DW1 receive the right for first mortgage.
The portfolio properties were acquired for the fund for a rent factor of only 10.8 including all costs such as notary, transfer tax, etc. The 8% interest that will be yearly paid to investors, is to be paid out of the regular yearly rent influx. In addition, the property manager provides a rent warranty for the whole period of 3 years. Due to the fact that WVGH has acquired all properties of the portfolio without any bank financing, you pay only 1.5% commission for your participation, in stead of the usual 3%.
In order to protect the environment, the Information Memorandum is only digitally available. The Information Memorandum and the registration form can be downloaded through this website. In case you wish to receive the Information Memorandum and/or the registration form by regular post, please feel free to contact us.
