German Property Listing Issue 9, 2006

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Charlotte House, Charlotte Quay, Limerick, Ireland. [ T ] +353 (0)61 419 990 [ F ] +353 (0)61 419 479 [ E ] info@insightproperty.

net German Property Listing Issue 9, 2006 Weisbaden 06geOHlo166 Location: Weisbaden 308 sqm (3,315 sq ft) Annual rent: 30,600 Gross yield: 7% Price: 437,000 This well presented listed building is

It was constructed in 1900 and was fully renovated in 2002.

1 Charlotte House, Charlotte Quay, Limerick, Ireland. [ T ] +353 (0) [ F ] +353 (0) [ E ] info@insightproperty.net [W] German Property Listing Issue 9, 2006 Weisbaden 06geOHlo166 Location: Weisbaden 308 sqm (3,315 sq ft) Annual rent: 30,600 Gross yield: 7% Price: 437,000 This well presented listed building is located within 5 minutes of the city s main pedestrianised shopping centre. The property is situated in a quiet, good class residential area. It was constructed in 1900 and was fully renovated in The centuries old and historic city of Wiesbaden is the capital of the Federal State of Hessen and a popular tourist destination close to Frankfurt. Many federal and local government agencies are located in the city. Wiesbaden is a short (40 minute) rail commute to Frankfurt (pop: 650,000), the financial and banking capital of Germany. Mainaschaff, Description: Office/Mixed Industrial 06geOH175 Location: Mainaschaff, 2,128 sqm (22,906 sq ft) Annual rent: 103,767 Gross yield: 6.5% Price: 1,600,000 This building constructed of concrete and steel with part steel cladded facade was built in 1979 and extended in Office accommodation of 1,328 (14,295 sq ft) is located to the front and rear of the building while the industrial unit in the central single storey area has rentable space of 800 sqm (8,611 sq ft). There are approximately 35 parking spaces located around the building. There is 450 sqm of office space unrented currently. The main tenant ED-VAG (800 sqm) is a manufacturer of computer boards. 10 years lease contract until 31st January 2014 with a five year continuation option. Kleinostheim is a popular commuter town to Frankfurt. weimar, Thuringia Description: Location: Commercial\ Residential 06geOHhi129 Weimar, Thuringia This well presented 4 storey building was constructed in 1911 in a traditional German design. There are three commercial units: restaurant, bicycle shop and insurance office and seven fully rented apartments upstairs and to rear of property sqm (7,906 sq ft) Annual rent: 41,223 Gross yield: 8% Price: 515,000 Weimar is city of great cultural importance and it is one of Germany s 27 monuments on UNESCO s World Heritage List. The city is in the Free State of Thuringia and the area is a centre for microelectronics, automobile assembly and tourism. The population of Weimar is in excess of 60,000.

Weimar 06geOH161 Location: Weimar 330 sqm (3,552 sq ft) Annual rent: 20,816 Gross yield: 7.

The building was constructed in the early 1900's and is divided into 5 apartments on 4 floors plus basement. The property is fully rented.

It was European City of Culture in 1999 and is an important congress and conference city with a big new conference centre "Neue Weimarhalle opened in 1999.

$Landshut, Munich Area Description: Retail\Residential 06geUBZlo141 Location: Landshut, Munich Area 5,387 sqm excl. parking, (57,986 sq ft) Annual rent: 733,568 Gross yield: 7.$

2 Weimar 06geOH161 Location: Weimar 330 sqm (3,552 sq ft) Annual rent: 20,816 Gross yield: 7.3% Price: 285,000 This pleasantly presented building is located in tree lined residential street close to city centre. The building was constructed in the early 1900's and is divided into 5 apartments on 4 floors plus basement. The property is fully rented. Weimar is a historic city, once a centre for classical literature, with a beautifully restored old town and many museums, parks and castles. It was European City of Culture in 1999 and is an important congress and conference city with a big new conference centre "Neue Weimarhalle opened in It has two universities; the Bauhaus University has faculties of civil engineering, architecture, art and media studies. Landshut, Munich Area Description: Retail\Residential 06geUBZlo141 Location: Landshut, Munich Area 5,387 sqm excl. parking, (57,986 sq ft) Annual rent: 733,568 Gross yield: 7.5% Price: 9,750,000 There are 9 retail units on the ground floor and the anchor tenant is the major German supermarket group EDEKA ( which leases 2,229 sqm (23,993 sq ft) at an annual rent of 335,033 p.a. Other tenants include the Landshut Sparkasse, a Bavarian regional savings bank. There are 8 residential apartments and 10 office suites on the upper two floors. The centre is close to Landshut city centre, a town of approximately 60,000 people situated in Lower Bavaria. It is within one hours commute to Munich (74 km). Weisbaden 06geOHi164 Location: Weisbaden 981 sqm (10,559 sq ft) Annual rent: 72,240 Gross yield: 8.1% Price: 895,000 This property is located in the city centre and within three minutes walk from Wiesbaden s main pedestrianised shopping area. It consists of a building (7,696 sq ft) with street frontage, a small one storey annexe to the side (248 sq ft) and a building to the rear (2,616 sq ft) The property is fully rented and the annual rent is 72,240. The centuries old and historic city of Wiesbaden is the capital of the Federal State of Hessen and a popular destination close to Frankfurt. Many federal and government agencies are located in the city. Wiesbaden is a short (40 minute) rail commute to Frankfurt (pop: 650,000), the financial and banking capital of Germany. Siegen, Siegerland Sold Description: Retail/ Commercial 06geOH173 Location: Siegen, Siegerland 3,180 sqm (34,244 sq ft) Annual rent: 317,814 Gross yield: 7.75% Price: 4,100,000 This well presented building was built in the 1920 s. The property is centrally positioned close to bus station, train station and the city s thriving shopping and commercial areas. The ground floor is leased to an Irish pub (ten year lease from 2006) and a Chinese restaurant (renewal in 2011). The remaining part is leased to a subsidiary of the German Employment Unions (DAA) for use as a training centre. Their lease has a twelve month cancellation period, but with a five year bank guarantee for the rent on this part of the building. DAA have been tenants since Siegen (pop 110,000) is situated in the triangle of Bonn, Cologne and Frankfurt.

Liederbach, Description: Residential 06geOHhi134 Location: Liederbach, 579 sqm (6,232 sq ft) living space + 316 sqm (3,401 sq ft) basement and garages Annual rent: 57,840 Gross yield: 6.

There are three garages and two parking spaces included. The building and the individual apartments are in good decorative condition. There are pleasant garden areas surrounding the property.

$Darmstadt, Frankfurt sold Description: Commercial\ Residential 06geOHhi133 Location: Darmstadt, Germany 499 sqm (5,372 sq ft) Annual rent: 98,168 Gross yield: 7.$ 01% Price: 1,400,000 This property was built in 1967 and has been renovated and upgraded in recent years. It is situated in the pedestrianised centre of the city.

01% Price: 1,400,000 This property was built in 1967 and has been renovated and upgraded in recent years. It is situated in the pedestrianised centre of the city.

3 Liederbach, Description: Residential 06geOHhi134 Location: Liederbach, 579 sqm (6,232 sq ft) living space sqm (3,401 sq ft) basement and garages Annual rent: 57,840 Gross yield: 6.92% Price: 835,000 This property which is part of a development of three buildings was built in 1967 and contains 10 apartments which range in size from 23 sqm to 80.5 sqm. There are three garages and two parking spaces included. The building and the individual apartments are in good decorative condition. There are pleasant garden areas surrounding the property. Liederbach is a popular commuter town close to Frankfurt and Frankfurt Main Airport. The property is situated in a good class residential area of apartments and single family homes. The town is only 15 km from Frankfurt city centre. Frankfurt is the financial and banking capital of Germany. Darmstadt, Frankfurt sold Description: Commercial\ Residential 06geOHhi133 Location: Darmstadt, Germany 499 sqm (5,372 sq ft) Annual rent: 98,168 Gross yield: 7.01% Price: 1,400,000 This property was built in 1967 and has been renovated and upgraded in recent years. It is situated in the pedestrianised centre of the city. The commercial unit is leased to a local Burger King Franchisee that has operated from the premises for thirty years. On the second floor are two apartments currently used as storage with a rental potential of 10,000/12,000 p.a. This projected rental has not been included in yield calculation. Bochum, Ruhr Region Description: Shopping Centre 06geOH171 Location: Bochum, Ruhr Region 9,201 sqm (99,041 sq ft) Annual rent: 962,932 Gross yield: 7.9% Price: 12,250,000 There are 9 retail units and a night club in this shopping centre. Tenants include Plus Supermarket, Jeans Fritz, KIK the textile retailer (part of the Tengelmann Group) and Subway Sandwiches. Some 69% of the rent is accounted for by tenants with more than 10 years in their lease or have been tenants since the centre was constructed in The centre is situated on a major road leading to the centre of Bochum. Bochum is a city with almost 4000,000 people in the heart of the Ruhr Basin, close to Dortmund and Essen. The Ruhr has long been the industrial powerhouse of Germany having the highest population densities in Germany. Babenhausen, Description: Retail/Apartment Development 06geOH174 Location: Babenhausen, 787 sqm (8,477 sq ft) Comm.\Restaurant 165 sqm (1,776 sq ft) Restaurant Terrace Annual rent: 55,514 Gross yield: 7.3% Price: 765,000 This property was constructed in the 1970's. It has three floors over basement with the entire ground floor leased to Schlecker (www. schlecker.com), the largest drugstore group in Europe. New ten year contract agreed in 2005 with 2x5year options. The remaining two floors are leased to an Italian restaurant which agreed a new five year lease in They have operated from the premises for more than 10 years. The basement area is rented separately while the two upper floor apartments are currently used by restaurant. The property underwent a major refurbishment in Babenhausen (pop 17,000) is situated 25 km south of Frankfurt.

Weimar SOLD 06geOH157 Location: Weimar 328 sqm (3,530 sq ft) Annual rent: 21,000 Gross yield: 7.

The four floors contain 5 apartments with a total living space of 314 sqm ( 3380 sq ft) plus basement. The property is in excellent condition throughout.

$Weimar Description: Commercial\ Residential 06geOHlo160 Location: Weimar 723 sqm (7,782 sq ft) Annual rent: 52,870 Gross yield: 7.$ the first floor is leased to an orthopaedic practice with 12 years lease remaining. There are five fully rented apartments overhead with parking to the rear of the property.

the first floor is leased to an orthopaedic practice with 12 years lease remaining. There are five fully rented apartments overhead with parking to the rear of the property.

4 Weimar SOLD 06geOH157 Location: Weimar 328 sqm (3,530 sq ft) Annual rent: 21,000 Gross yield: 7.5% Price: 280,000 This building was constructed in the early part of the last century to a traditional German design and was extensively upgraded in The four floors contain 5 apartments with a total living space of 314 sqm ( 3380 sq ft) plus basement. The property is in excellent condition throughout. Weimar is a city (60,000 people) of great cultural and historic importance and was European City of Culture in recent years. It is one of 27 monuments in Germany on UNESCO s World Heritage List. Weimar Description: Commercial\ Residential 06geOHlo160 Location: Weimar 723 sqm (7,782 sq ft) Annual rent: 52,870 Gross yield: 7.45% Price: 710,000 A landmark building with three floors in excellent decorative order. The ground is leased to to an orthopedic retailer on a new 10 year lease.the first floor is leased to an orthopaedic practice with 12 years lease remaining. There are five fully rented apartments overhead with parking to the rear of the property. Friedrich Ebert Strasse is in a good mixed residential / commercial area, just five minutes walk to the city centre and train station. Weimar (pop 60,000) is a city of great cultural and historic importance to the German people. It was recently European City of Culture and is one of 27 monuments in Germany on UNESCO s World Heritage List. Bad Saarow, berlin Area Sale Agreed Description: Apartment Complex 06geOHi169 Location: Bad Saarow, Berlin Area 10,113 sqm (108,816 sq ft) Annual rent: 557,946 Gross yield: 9.15% Price: 6,100,000 This portfolio of four buildings (156 apts) was constructed in the 1930 s & 1986 was totally renovated in recent years. The construction method was precast concrete. The properties are in good condition throughout and all apartments have standard fittings and balconies. Just a short walk to the centre of Bad Saarow and scenic Lake Schamazul. Berlin is the capital and largest city in Germany (pop 3.4ml) and the seat of government. In recent years the German Government and private industry have invested hugely in city and its infrastructure. The spa town of Bad Saarow is just 30 km south of Berlin and there are excellent road and rail links between them. Plauen, Saxony Description: Location: Retail\Commercial 06geSCHlo145 Plauen, Saxony 665 sqm Impressive corner building situated close to city centre of Plauen and adjacent to all the major shopping streets. The property is in excellent decorative condition with the ground floor leased to a gaming concession. The basement area is rented to a bar. On the first floor there is a dentist s surgery while the remaining three units are residential apartments. (7,158 sq ft) Annual rent: 42,336 Gross yield: 9.85% Price: 430,000 The city of Plauen is situated close to Leipzig and midway between Berlin and Munich. Plauen is an attractive city with a modern infrastructure, which includes alight rail system (tram). Volkswagen and Man trucks are two of the major employers in the area.

Dreieichenhain, Frankfurt Description: Commercial 06geOHlo149 Location: Dreieichenhain, 244.18 sqm (2,628 sq ft) Annual Rent: 37,831 Gross yield: 6.

Dreieichenhain is only 20 minutes (19 km) drive from Frankfurt the financial and banking capital of Germany. It is well connected to Frankfurt city centre by both subway and train services.

This has served to give the building a landmark feel. There are three units in the property, a bookshop, a boutique and an office suite. The property is in excellent condition throughout.

05% Price: 475,000 This property which was rebuilt in 1972 is situated in a magnificent location in the old town of Aschaffenburg close to the city s imposing castle, churches and museums and high

5 Dreieichenhain, Frankfurt Description: Commercial 06geOHlo149 Location: Dreieichenhain, sqm (2,628 sq ft) Annual Rent: 37,831 Gross yield: 6.7% Price: 565,000 Beautifully presented building in the historic centre of Dreieichenhain, a smart suburb of Frankfurt. Dreieichenhain is only 20 minutes (19 km) drive from Frankfurt the financial and banking capital of Germany. It is well connected to Frankfurt city centre by both subway and train services. This attractive building is close to town s castle and old walls and indeed part of the building was integrated into the town walls at construction stage. This has served to give the building a landmark feel. There are three units in the property, a bookshop, a boutique and an office suite. The property is in excellent condition throughout. Aschaffenburg, Frankfurt Sale Agreed Description: Commercial/ Residential 06geOHlo148 Location: Aschaffenburg, Frankfurt 247 sqm (2,659 sq ft) Annual rent: 33,480 Gross yield: 7.05% Price: 475,000 This property which was rebuilt in 1972 is situated in a magnificent location in the old town of Aschaffenburg close to the city s imposing castle, churches and museums and high above the River Main. Aschaffenburg was recently rated as the third most desirable place to live and work in Germany in survey undertaken by McKinsey Consulting and Stern Magazine The ground floor is occupied by a beautifully appointed and presented bar and restaurant while the there are two apartments on the first floor and a maisonette apartment on the second floor. The restaurant/bar lease has been extended to December 2009 (current lease ends December 2006) and is linked to CPI. Bad Orb, Hessen sold Description: Apartment Complex 06geUBZ178 Location: Bad Orb, Hessen sqm (9,790 sq ft) Plot size: 1289 sqm (13,875 sq ft) Annual rent: 87,224 Gross yield: 6.02% Price: 1,450,000 This attractive and modern style building with paved entrance area was in built in 1995 in a magnificent leafy setting close to parks, mineral spa, town centre and all facilities. There are thirteen apartments all of which are in excellent decorative order including two beautifully designed penthouse apartments. The thirteen apartments range in size from 49.9 sqm (537 sq ft) to sqm ( 1,262 sq ft and the property is fully rented. There is an office suite of sqm (864 sq ft) in the basement. Bad Orb (pop 10,000) is located in the beautiful Spessart Forest, some 60 km east of Frankfurt. It has excellent road links to Frankfurt and surrounding towns and cities. Jena, Saxony Description: Apartment Complex & Commercial Units 06geOH163 Location: Jena, Saxony, Germany Annual rent: 322,916 Gross yield: 7.6% Price: 4,250,000 The property consists of 5 buildings configured in a u-shape. Four of the buildings were constructed in 1997 while the older building dates from early 1900s. The older building was fully renovated in There are 43 apartments and 12 commercial units. Most of residential units having balconies. Gross yield quoted is calculated on actual rent received. Jena is a university city of approximately 120,000 people situated in the centre of Germany. It is a dynamic town with a growing high tech reputation with enterprises such as Carl Zeiss based there. Jena University has a student population of 20,000.

Heidelberg Area Description: Residential Complex 06geUBZ167 Location: Hirschberg- Leutershausen, Heidelberg Area 2,199 sqm (23,674 sq ft) Annual rent: 159,218 Gross yield: 6.

All three buildings (constructed 1971-1976) are in excellent condition with refurbishments carried out in 2004 when new bathrooms were installed. All apartments have balconies or sun terraces.

Heidelberg University is one of the oldest in Germany and the city s medieval buildings are set in a dramatic setting on the river. Plauen, Saxony Under Offer 06geSCH179 Location: Plauen, Saxony 569.

6 Heidelberg Area Description: Residential Complex 06geUBZ167 Location: Hirschberg- Leutershausen, Heidelberg Area 2,199 sqm (23,674 sq ft) Annual rent: 159,218 Gross yield: 6.9% Price: 2,300,000 Three well presented apartments buildings situated in the centre of Hirschberg- Leutershausen, close to shopping area, amenities and trams. All three buildings (constructed ) are in excellent condition with refurbishments carried out in 2004 when new bathrooms were installed. All apartments have balconies or sun terraces. Hirschberg Leutershausen is a pleasant residential town close to the beautiful historic city of Heidelberg (pop 140,000). The town borders the Neckar River-Odenwald Natural Park. Heidelberg University is one of the oldest in Germany and the city s medieval buildings are set in a dramatic setting on the river. Plauen, Saxony Under Offer 06geSCH179 Location: Plauen, Saxony sqm (6,134 sq ft) Annual rent: 22,882 Gross yield: 9.5% Price: 240,000 This imposing apartment building built in the early part of the last century (1908) is located in a residential street close to the city centre. The property occupies an elevated site and is in excellent condition throughout.. There are eight apartments ranging in size from sqm (567 sq ft) to sqm (869 sq ft). Two apartments have balconies. No projected rent has been included for vacant unit. The city of Plauen has a population of 72,000 people. It is situated 90 km from Leipzig and approximately 260 km from both Prague and Berlin. Plauen is an attractive city with a modern infrastructure, which includes a new tramway system. Moerfelden-Walldorf Description: Retail/Office 06geUBZ176 Location: Moerfelden-Walldorf, 2488 sqm (26,781 sq ft) Annual rent: 351,078 Gross yield: 6.4% Price: 5,500,000 This retail/office development was constructed in 1987 and consists of 10 retail units with a total floor area of 708 (7535 sq ft) on ground floor and 9 office suites on first, second and attic floors. There are 40 surface parking spaces. With its atrium type design the centre offers an excellent light and airy appearance. Common areas are well presented and windows facing south, west and east feature motorized sun blinds. The property has been well maintained by its present owners. Moerfelden-Walldorf is a pleasant commuter town (pop 30,000) 20 km from Frankfurt city centre and only 14 km from Frankfurt Main International Airport.

7 FURTHER INFORMATION For further information contact: Insight Property Limited, Charlotte House, Charlotte Quay, [ T ] +353 (0) [ E ] info@insightproperty.net Limerick, Ireland. [ F ] +353 (0) conditions to be noted These particulars do not constitute an offer or contract or any part thereof and none of the statements contained in these particulars as to the development is to be relied an as a statement or representation of fact No warranties or representations expressed or implied are given by Insight Property Limited, or its directors, employees, agents or advisors or any other party in respect of the information contained in this document and no responsibility or liability is accepted by any of them with repect to the accuracy or completeness of the information or opinions set forth or for failure of the investment performed to the advantage of the perspective investors Offers are subject to contract/contract denied Drawings and maps are for illustration purposes and not drawn to scale. Intending purchasers must satisfy themselves as to the accuracy of the details given to them. Insight Property Ltd. Registered in Ireland No: Registered Address: The Red Church, Henry St., Limerick, Ireland. Risk Factors The principal areas of risk for investors are as follows: The property market is cyclical and a loss could occur if the property had to be sold in a significant downturn. New tax laws could potentially come into force, which could be unfavourable to investors in real estate. The acquisition price, costs, and equity contributions are all denominated in Euros. Interest rate exposure must be taken into consideration as interest rates could increase over the term of any loan. The above risk factors are in no way intended to be comprehensive and prospective investors should consult their own legal, financial or tax advisors in relation to this transaction. Auctioneers & House Agents Acts Insight Property Ltd has been granted a Auctioneers License pursuant to the provisions of the above Act. The address at which the business is carried on is Charlotte House, Charlotte Quay, Limerick, Ireland. The company is bonded in accordance with the requirements of the Auctioneers and House Agents Acts

ForSale: Price: 793,500. Exclusive to Investix Germany LOCATION, LOCATION, LOCATION. Dessau, Saxony Anhalt, Germany 59,126 CURRENT RENTAL INCOME

ForSale: Price: 793,500. Exclusive to Investix Germany LOCATION, LOCATION, LOCATION. Dessau, Saxony Anhalt, Germany 59,126 CURRENT RENTAL INCOME The image part with relationship ID rid2 was not found in the file. ForSale: Price: 793,500 Dessau, Saxony Anhalt, Germany Ref: PH28 59,126 CURRENT RENTAL INCOME 65,546 EXPECTED MARKET RENT 7.4% CURRENT