The IPI Group was founded in 1994 and has since developed and managed real estate projects across several countries. They focus on residential properties and their work includes project identification, financing, development, and management. Currently, they have projects in Norway, Spain, Germany, and the US and are looking to expand further. Their goal is long-term investments and profiting from real estate market cycles across different regions.
This document compares housing characteristics in Saudi Arabia and Germany. It discusses key differences between housing styles in Eastern Province, Saudi Arabia versus German housing. Some differences highlighted are that Saudi homes tend to have darker colors, wider openings, and mostly gable roofs, while German homes have brighter colors, smaller and more shaded openings, and flat roofs with parapets. The document also notes social and cultural differences, such as privacy being less important in Saudi Arabia, more emphasis on ownership versus renting, and religious restrictions on decoration.
Spain is located in Western Europe, bordered by France, Andorra, Portugal, and the Atlantic Ocean. It has a constitutional monarchy government and is made up of 17 autonomous communities and provinces. Spanish is the official language. Major cities include Madrid, Barcelona, Seville, and Valencia. Spain has a rich culture including world-famous art, architecture, flamenco music, soccer, and cuisine like paella and tapas. The tourism industry, especially along the Costa del Sol coast, is an important part of the economy.
Spain is a country located in Southwestern Europe on the Iberian Peninsula. It is officially called the Kingdom of Spain and has an area of 505,992 square kilometers. Spain has a population of 47 million people and its capital and largest city is Madrid. Spain has a diverse geography that includes coastlines, beaches, mountains, and rivers. Some of its most famous tourist attractions are La Sagrada Familia and Park Guell in Barcelona and the Prado Museum in Madrid. Spain has a socialist government that provides free medical treatment and low-cost medicines to citizens.
Swiss International signs Management agreement with Al Zamil Real Estate Group, for the development of Swiss International Hotels & Resorts in Al Qassim, Saudi Arabia!
The document lists several major landmarks in Spain, including La Alhambra in Granada and La Mezquita in Córdoba. It then provides information about the town of Navas del Rey, stating that it is located 52 kilometers from Madrid in the province of Madrid. The document notes some sites in Navas del Rey, such as the vines, turret, and church.
David Zaffino - managing a multimillion-dollar portfolioDavide Zaffino
David Zaffino founded DaviDev in 2008 to provide real estate development and sales services in Montreal. Through DaviDev, Zaffino manages a multimillion-dollar portfolio of both commercial and residential properties, developing over $250 million in retail sales and more than 1,000 condo units throughout Montreal. Known for unique local insights, DaviDev has become an expert firm in the real estate industry thanks to Zaffino's experience and leadership.
Swiss Spirit Hotel & Suites Al Baha is the 5th midscale hotel in
the Swiss International’s portfolio to open.
Swiss Spirit Hotel & Suites Al Baha is a 92 rooms and suites hotel. The hotel features Swiss International Hotels & Resorts’ signature concepts; the Swiss Flavours Restaurant & Lounge, The Grill Room Restaurant and a Moods Shisha Lounge. The business guests can enjoy the Eventives Meetings & Events venues which can host up to 100 people, a Business Center and Free Wi-Fi in all areas
My portfolio and exercises with adobe in design mergedEmeline Jonet
This document provides an overview of innovation and where it can be found. It discusses that innovation is about doing new things in a better way than others, and improving implies changing. The document outlines several areas where innovation can occur in commercial sectors, such as through new positioning strategies, marketing, technology, management practices, social responsibility, and customer service. It suggests starting innovation by introducing existing concepts, modifying concepts for different audiences, or developing new concepts to meet new needs. The presentation was given by Pedro Reig Catala through a webinar organized by the Valencian Chamber of Commerce in Spain.
This document compares housing characteristics in Saudi Arabia and Germany. It discusses key differences between housing styles in Eastern Province, Saudi Arabia versus German housing. Some differences highlighted are that Saudi homes tend to have darker colors, wider openings, and mostly gable roofs, while German homes have brighter colors, smaller and more shaded openings, and flat roofs with parapets. The document also notes social and cultural differences, such as privacy being less important in Saudi Arabia, more emphasis on ownership versus renting, and religious restrictions on decoration.
Spain is located in Western Europe, bordered by France, Andorra, Portugal, and the Atlantic Ocean. It has a constitutional monarchy government and is made up of 17 autonomous communities and provinces. Spanish is the official language. Major cities include Madrid, Barcelona, Seville, and Valencia. Spain has a rich culture including world-famous art, architecture, flamenco music, soccer, and cuisine like paella and tapas. The tourism industry, especially along the Costa del Sol coast, is an important part of the economy.
Spain is a country located in Southwestern Europe on the Iberian Peninsula. It is officially called the Kingdom of Spain and has an area of 505,992 square kilometers. Spain has a population of 47 million people and its capital and largest city is Madrid. Spain has a diverse geography that includes coastlines, beaches, mountains, and rivers. Some of its most famous tourist attractions are La Sagrada Familia and Park Guell in Barcelona and the Prado Museum in Madrid. Spain has a socialist government that provides free medical treatment and low-cost medicines to citizens.
Swiss International signs Management agreement with Al Zamil Real Estate Group, for the development of Swiss International Hotels & Resorts in Al Qassim, Saudi Arabia!
The document lists several major landmarks in Spain, including La Alhambra in Granada and La Mezquita in Córdoba. It then provides information about the town of Navas del Rey, stating that it is located 52 kilometers from Madrid in the province of Madrid. The document notes some sites in Navas del Rey, such as the vines, turret, and church.
David Zaffino - managing a multimillion-dollar portfolioDavide Zaffino
David Zaffino founded DaviDev in 2008 to provide real estate development and sales services in Montreal. Through DaviDev, Zaffino manages a multimillion-dollar portfolio of both commercial and residential properties, developing over $250 million in retail sales and more than 1,000 condo units throughout Montreal. Known for unique local insights, DaviDev has become an expert firm in the real estate industry thanks to Zaffino's experience and leadership.
Swiss Spirit Hotel & Suites Al Baha is the 5th midscale hotel in
the Swiss International’s portfolio to open.
Swiss Spirit Hotel & Suites Al Baha is a 92 rooms and suites hotel. The hotel features Swiss International Hotels & Resorts’ signature concepts; the Swiss Flavours Restaurant & Lounge, The Grill Room Restaurant and a Moods Shisha Lounge. The business guests can enjoy the Eventives Meetings & Events venues which can host up to 100 people, a Business Center and Free Wi-Fi in all areas
My portfolio and exercises with adobe in design mergedEmeline Jonet
This document provides an overview of innovation and where it can be found. It discusses that innovation is about doing new things in a better way than others, and improving implies changing. The document outlines several areas where innovation can occur in commercial sectors, such as through new positioning strategies, marketing, technology, management practices, social responsibility, and customer service. It suggests starting innovation by introducing existing concepts, modifying concepts for different audiences, or developing new concepts to meet new needs. The presentation was given by Pedro Reig Catala through a webinar organized by the Valencian Chamber of Commerce in Spain.
EcoHouse is a real estate development company that builds affordable housing in Brazil under the country's Minha Casa Minha Vida program. They have completed several projects already including Arco Iris and Casa Nova. Their newest and largest project is called Bosque Residencial, which will consist of 2,200 units. EcoHouse offers global investors opportunities to invest in these developments through a UK-based structure with returns of over 20% paid out within 12 months and capital protected through an escrow account. They are looking to launch new investment funds that would allow institutional investors like pension funds to participate.
This document provides an overview of real estate investment opportunities in Berlin, Germany. It discusses the company Home Invest Berlin and its services, which include property rentals, bank financing, property management, and legal/tax advice. Berlin is highlighted as a top location for both living and investment due to its growing population, business environment, and cultural attractions. Specific investment properties are profiled, including apartment buildings, student housing, and supermarkets. The residential real estate market in Berlin is described as very strong with high tenant demand and increasing rents and prices expected. Overall the document portrays Berlin and German real estate as attractive opportunities for investors.
Since 1897, Elof Hansson has been providing a custom approach to lumber and plywood purchasing across the globe. Our trading specialists take pride in connecting buyers and sellers every day for companies large and small. We don't just sell product, we furnish solutions to your needs from purchasing, to shipping, to delivery.
Le Jardin de Fleur in Mediterrania-Saïdia comprises of 11 award winning luxurious resorts with large-sized villas, townhouses and apartment residences, clubhouses and a beach club located across 6 km of idyllic Mediterranean beachfront. The properties have been specifically designed with buy-to-let potential and operate on a leaseback scheme with fully-integrated hotel management services –an ideal prospect for those looking to invest in their own property with the added bonus of rental income.
Denmark provides growing investment opportunities for real estate investors looking beyond Sweden. While Sweden dominates attention, Denmark has a transparent, stable institutional environment that reduces costs and uncertainty. Transaction costs are also lower in Denmark compared to other European countries. Liquidity in the Danish market is high, providing confidence that investors can exit at favorable times. The largest real estate deal ever in Denmark recently occurred, demonstrating interest from non-traditional investors. As interest in Denmark grows, investors may need to look beyond the major cities of Copenhagen and Aarhus to find attractive investment opportunities.
This document provides an overview of the residential property market in Berlin, Germany. It discusses rising property prices and rental yields in Berlin, the improving investment prospects, and greater availability of financing from German banks. The document promotes several residential investment projects in Berlin, including apartments, student housing, apartment blocks, and supermarkets. It aims to showcase the best investment opportunities in Berlin's real estate market.
The document provides an overview of the current state of the global, European, and Nordic hotel markets. It notes that while fiscal stimulus measures have prevented a global recession, growth is still weak across regions. The US, eurozone, UK, and Nordic markets are seeing sluggish or negative trends. Specifically, the Swedish market is expected to see weak growth in 2013 as international demand lags and unemployment remains high. Overall, the outlook is that recovery will be slow despite signs that the bottom may be nearing in some markets.
KBY is an investment firm based in Tel Aviv, Israel that operates in real estate, construction, energy, and related markets. It invests directly and through affiliates in residential and commercial properties as well as diversified areas like energy and optics. KBY is recognized for restoring historic buildings in Tel Aviv and has several subsidiary companies focused on specific real estate development projects, renewable energy, and property management. The company follows a global strategy of real estate and construction development through research, innovation, and reinforcing its energy subsidiaries especially in photovoltaics. It centrally manages its key business areas to increase opportunities for growth.
This document provides information on various real estate investment projects in Berlin, Germany being offered by Home Invest Berlin (HIB). It begins with an introduction to HIB and its services such as property management, financing, and legal/tax advice. It then discusses the benefits of investing in Berlin such as its economy, population growth, and high tenant demand. The remainder of the document describes and provides details on specific project types including apartments, student housing, apartment blocks, and supermarkets. Project highlights, locations, unit types, prices, and completion timelines are given for several example projects within each category.
The company DAO Family on the crowdfunding platform Rontgen seeks to raise €2M. The funds will be used to refinance the bank loan and to create additional working capital for the apartments to be fully finished. Investors will get a 7% annual return. These slides are a detailed presentation of the investment opportunity.
Sergey Sander, director of the Swiss company The Leading Properties of the World presents an individual approach to investments in real estate — Heritage Investments
Pan European CRE Investment OpportunityMariano Martí
Investment Opportunity on Income-generating Commercial Real Estate in Europe
Real Estate market in Europe comprises 40% of the world total. Currently, prices in certain areas are at a historic record low. For Investors, some countries represent a safe heaven while others mean a big opportunity, but for those specialized buyers with strong local knowledge.
Raymundo Larrain Nesbitt has over 15 years of experience working in law firms and business in the UK, Spain, and Europe. He has extensive experience in legal areas such as litigation, tax law, real estate, and company incorporation. He is fluent in English and Spanish and has strong skills in French and German. Currently, he is pursuing an LL.M. while having worked for prestigious law firms in Marbella, handling cases for international clients.
Stephen Galpin has over 25 years of experience in property marketing, management, and development. He is currently the Managing Director of Careful Management Ltd, where he oversees residential developments including 650 units at Landmark in Canary Wharf and a planned 950 unit development in the City Pride site. Previously he held roles like Head of UK New Homes at Cluttons LLP and Sales Director of Carlton Gate Development, overseeing 600 residential units in Central London.
This document provides an overview and analysis of the Nordic real estate markets in the first half of 2014. It discusses the economic conditions and growth outlook in Denmark, Sweden, Norway, and Finland. It also examines trends in the office, retail, residential, and industrial/logistics property sectors in each country. Prime yields have remained largely stable across the major Nordic cities in the last six months. Transaction volumes decreased slightly year-over-year in Sweden, Norway, and Denmark but increased in Finland. Overall, the Nordic real estate markets remain stable and attractive to international investors.
Nigeria has a population of over 200 million and still growing, Accommodation (Shelter) is the second most important aspect after food. Available statistics show that 87% of the total household population in Nigeria lives in rented apartments. This fact, no doubt, makes Nigeria a viable investment destination for local and foreign investors, given the mammoth size of
her population.
Eastown and Westown are two major mixed-use development projects in Cairo being developed through a partnership between Solidere and SODIC. The projects will include commercial, residential, retail, and leisure spaces in east and west Cairo. They aim to open the first phase by end of 2010 and promote the projects' quality infrastructure, designs, and business opportunities to attract investors, residents, and businesses. Competition in the Cairo real estate market is increasing, so Eastown and Westown will need to speed up their marketing to attract demand before the market slows down or corrects.
This company presentation provides an overview of Engel & Völkers, an international luxury real estate company. It discusses the company's vision, values, products including residential and commercial real estate and yachts, leadership, history and milestones, structure across various divisions, global presence and success metrics, and points of differentiation centered around its strong brand, global network, shop concept, and high level of customer service.
Mit dieser Unternehmenspräsentation stellt sich die Dolphin Trust GmbH vor. Das Immobilienunternehmen von Geschäftsführer Charels Smethurst ist in Deutschland vornehmlich im Bereich des Wohnungsbaus tätig und bewirtschaftet gegenwärtig ein Portfolio von rund sechzig Projekten mit einem Volumen von etwa einer Milliarde Euro.
Dabei setzt Dolphin Trust den Fokus nicht nur auf Denkmäler, sondern auch auf Neubauprojekte an ausgewählten Standorten.
The document summarizes real estate trends in Dublin, Ireland in the first half of 2013. It finds that the Dublin property market is strengthening with residential property sales up 15% and average home prices rising 9.4% compared to the first half of 2012. However, supply remains constrained, limiting further price increases. While demand is improving as buyers return, many homeowners remain unwilling to sell, perpetuating the lack of inventory. The summary also notes that mortgage lending is increasing but uncertainty remains, and a full market recovery is not expected.
EcoHouse is a real estate development company that builds affordable housing in Brazil under the country's Minha Casa Minha Vida program. They have completed several projects already including Arco Iris and Casa Nova. Their newest and largest project is called Bosque Residencial, which will consist of 2,200 units. EcoHouse offers global investors opportunities to invest in these developments through a UK-based structure with returns of over 20% paid out within 12 months and capital protected through an escrow account. They are looking to launch new investment funds that would allow institutional investors like pension funds to participate.
This document provides an overview of real estate investment opportunities in Berlin, Germany. It discusses the company Home Invest Berlin and its services, which include property rentals, bank financing, property management, and legal/tax advice. Berlin is highlighted as a top location for both living and investment due to its growing population, business environment, and cultural attractions. Specific investment properties are profiled, including apartment buildings, student housing, and supermarkets. The residential real estate market in Berlin is described as very strong with high tenant demand and increasing rents and prices expected. Overall the document portrays Berlin and German real estate as attractive opportunities for investors.
Since 1897, Elof Hansson has been providing a custom approach to lumber and plywood purchasing across the globe. Our trading specialists take pride in connecting buyers and sellers every day for companies large and small. We don't just sell product, we furnish solutions to your needs from purchasing, to shipping, to delivery.
Le Jardin de Fleur in Mediterrania-Saïdia comprises of 11 award winning luxurious resorts with large-sized villas, townhouses and apartment residences, clubhouses and a beach club located across 6 km of idyllic Mediterranean beachfront. The properties have been specifically designed with buy-to-let potential and operate on a leaseback scheme with fully-integrated hotel management services –an ideal prospect for those looking to invest in their own property with the added bonus of rental income.
Denmark provides growing investment opportunities for real estate investors looking beyond Sweden. While Sweden dominates attention, Denmark has a transparent, stable institutional environment that reduces costs and uncertainty. Transaction costs are also lower in Denmark compared to other European countries. Liquidity in the Danish market is high, providing confidence that investors can exit at favorable times. The largest real estate deal ever in Denmark recently occurred, demonstrating interest from non-traditional investors. As interest in Denmark grows, investors may need to look beyond the major cities of Copenhagen and Aarhus to find attractive investment opportunities.
This document provides an overview of the residential property market in Berlin, Germany. It discusses rising property prices and rental yields in Berlin, the improving investment prospects, and greater availability of financing from German banks. The document promotes several residential investment projects in Berlin, including apartments, student housing, apartment blocks, and supermarkets. It aims to showcase the best investment opportunities in Berlin's real estate market.
The document provides an overview of the current state of the global, European, and Nordic hotel markets. It notes that while fiscal stimulus measures have prevented a global recession, growth is still weak across regions. The US, eurozone, UK, and Nordic markets are seeing sluggish or negative trends. Specifically, the Swedish market is expected to see weak growth in 2013 as international demand lags and unemployment remains high. Overall, the outlook is that recovery will be slow despite signs that the bottom may be nearing in some markets.
KBY is an investment firm based in Tel Aviv, Israel that operates in real estate, construction, energy, and related markets. It invests directly and through affiliates in residential and commercial properties as well as diversified areas like energy and optics. KBY is recognized for restoring historic buildings in Tel Aviv and has several subsidiary companies focused on specific real estate development projects, renewable energy, and property management. The company follows a global strategy of real estate and construction development through research, innovation, and reinforcing its energy subsidiaries especially in photovoltaics. It centrally manages its key business areas to increase opportunities for growth.
This document provides information on various real estate investment projects in Berlin, Germany being offered by Home Invest Berlin (HIB). It begins with an introduction to HIB and its services such as property management, financing, and legal/tax advice. It then discusses the benefits of investing in Berlin such as its economy, population growth, and high tenant demand. The remainder of the document describes and provides details on specific project types including apartments, student housing, apartment blocks, and supermarkets. Project highlights, locations, unit types, prices, and completion timelines are given for several example projects within each category.
The company DAO Family on the crowdfunding platform Rontgen seeks to raise €2M. The funds will be used to refinance the bank loan and to create additional working capital for the apartments to be fully finished. Investors will get a 7% annual return. These slides are a detailed presentation of the investment opportunity.
Sergey Sander, director of the Swiss company The Leading Properties of the World presents an individual approach to investments in real estate — Heritage Investments
Pan European CRE Investment OpportunityMariano Martí
Investment Opportunity on Income-generating Commercial Real Estate in Europe
Real Estate market in Europe comprises 40% of the world total. Currently, prices in certain areas are at a historic record low. For Investors, some countries represent a safe heaven while others mean a big opportunity, but for those specialized buyers with strong local knowledge.
Raymundo Larrain Nesbitt has over 15 years of experience working in law firms and business in the UK, Spain, and Europe. He has extensive experience in legal areas such as litigation, tax law, real estate, and company incorporation. He is fluent in English and Spanish and has strong skills in French and German. Currently, he is pursuing an LL.M. while having worked for prestigious law firms in Marbella, handling cases for international clients.
Stephen Galpin has over 25 years of experience in property marketing, management, and development. He is currently the Managing Director of Careful Management Ltd, where he oversees residential developments including 650 units at Landmark in Canary Wharf and a planned 950 unit development in the City Pride site. Previously he held roles like Head of UK New Homes at Cluttons LLP and Sales Director of Carlton Gate Development, overseeing 600 residential units in Central London.
This document provides an overview and analysis of the Nordic real estate markets in the first half of 2014. It discusses the economic conditions and growth outlook in Denmark, Sweden, Norway, and Finland. It also examines trends in the office, retail, residential, and industrial/logistics property sectors in each country. Prime yields have remained largely stable across the major Nordic cities in the last six months. Transaction volumes decreased slightly year-over-year in Sweden, Norway, and Denmark but increased in Finland. Overall, the Nordic real estate markets remain stable and attractive to international investors.
Nigeria has a population of over 200 million and still growing, Accommodation (Shelter) is the second most important aspect after food. Available statistics show that 87% of the total household population in Nigeria lives in rented apartments. This fact, no doubt, makes Nigeria a viable investment destination for local and foreign investors, given the mammoth size of
her population.
Eastown and Westown are two major mixed-use development projects in Cairo being developed through a partnership between Solidere and SODIC. The projects will include commercial, residential, retail, and leisure spaces in east and west Cairo. They aim to open the first phase by end of 2010 and promote the projects' quality infrastructure, designs, and business opportunities to attract investors, residents, and businesses. Competition in the Cairo real estate market is increasing, so Eastown and Westown will need to speed up their marketing to attract demand before the market slows down or corrects.
This company presentation provides an overview of Engel & Völkers, an international luxury real estate company. It discusses the company's vision, values, products including residential and commercial real estate and yachts, leadership, history and milestones, structure across various divisions, global presence and success metrics, and points of differentiation centered around its strong brand, global network, shop concept, and high level of customer service.
Mit dieser Unternehmenspräsentation stellt sich die Dolphin Trust GmbH vor. Das Immobilienunternehmen von Geschäftsführer Charels Smethurst ist in Deutschland vornehmlich im Bereich des Wohnungsbaus tätig und bewirtschaftet gegenwärtig ein Portfolio von rund sechzig Projekten mit einem Volumen von etwa einer Milliarde Euro.
Dabei setzt Dolphin Trust den Fokus nicht nur auf Denkmäler, sondern auch auf Neubauprojekte an ausgewählten Standorten.
The document summarizes real estate trends in Dublin, Ireland in the first half of 2013. It finds that the Dublin property market is strengthening with residential property sales up 15% and average home prices rising 9.4% compared to the first half of 2012. However, supply remains constrained, limiting further price increases. While demand is improving as buyers return, many homeowners remain unwilling to sell, perpetuating the lack of inventory. The summary also notes that mortgage lending is increasing but uncertainty remains, and a full market recovery is not expected.
2. The IPI Group was founded in 1994 by Sven Sejersted Bødtker and has since
then been engaged in development and management of real estate
projects in the United Kingdom, Spain, Germany, USA and Norway.
The Group today includes the following companies (see also www.ipi.no):
• IPI Management AS, Asker, Norway
• IPI Invest AS, Asker, Norway
• IPI Project AS, Oslo, Norway
• IPI North America LLC, Orlando, USA
• IPI Eco Developers SL, Malaga, Spain
Focus is on residential properties; commercial properties constituting a minor share.
The tasks include:
• Search for suitable projects
• Feasibility studies
• Equity financing
• Third party financing (bonds and bank loans)
• Establishment and management of owning companies
• Letting management (in cooperation with local partners)
• Project management: contract administration, supervision and control,
accounting, reporting to investors, marketing and sales; in close cooperation
with local builders, architects, engineers, solicitors and land owners
BackgroundBackground
3. • Cross-border investments can reduce cyclical risks and improve profitabilityCross-border investments can reduce cyclical risks and improve profitability
• Profitability is to a large extent dependent on good timing for purchase and saleProfitability is to a large extent dependent on good timing for purchase and sale
• Cyclical market movements can often be predictedCyclical market movements can often be predicted
• A clear strategy for rental and sale needs to be in place at the startA clear strategy for rental and sale needs to be in place at the start
• Purchase of old buildings requires thorough technical inspectionPurchase of old buildings requires thorough technical inspection
• Close control of the construction process and eventual letting reduces riskClose control of the construction process and eventual letting reduces risk
• Local partners are essential and must be chosen carefullyLocal partners are essential and must be chosen carefully
• One should avoid countries with unstable political and legal systemsOne should avoid countries with unstable political and legal systems
• Low- energy and ecofriendly designs are importantLow- energy and ecofriendly designs are important
We believe thatWe believe that
4. Dorset Road, London
Newbuild 6 apartments
Asset value USD 2,6 mill.
Roman Square, London
Newbuild. 11 apartments
Asset value USD 4 mill.
Tredegar Square London
Newbuild 11 apartments
Asset value USD 4 mill.
Smedasundet Brygge
Haugesund, 48 apartments
Asset value USD 16 mill.
Eiendomsfond Tyskland I AS
1400 apartments in Berlin
Asset value USD 155 mill.
Oppegårdgata, Oslo
10 apartments
Asset Value USD 2,6 mill.
Vendla, Asker, Norway
Project villa
Asset value USD 1 mill.
.Bolig Berlin AS, Germany
2 apartment buildings
Asset value USD 2,6 mill.
W. Smithfield, London
Conversion bank to 17 apart. &
restaurant. Asset value USD 6,5 mill
Some IPI projects 2000-2015Some IPI projects 2000-2015
Hotel Valkyrien, Oslo,
Conversion to 46 studios
Asset value USD 6,5 mill.
Miraflores Hills, Mijas, Malaga
Newbuild 56 apartments.
Asset value USD 14 mill.
5. Projects 1994 - 2016Projects 1994 - 2016
No. of properties: 65
No. of apartments/houses: 1 956
Turnover: USD 194 mill.
Selection of Berlin properties managed by IPI 2006-2015. Sold January 2015
7. Target areas 2016 -20Target areas 2016 -20
NORWAY (Oslo-area):
Norway has for the past 40 years benefited from a rapidly growing economy, much thanks to the oil adventure in the North
Sea. The pension fund, manoeuvred by the government, has supported its residents to become the richest in the world. Just
as the pension fund, we believe in long-term investments. However, it is a short-term risk associated with recent softening of
oil prices, which will effect the economy. Commercial and residential property values in the oil related towns are already
under pressure. The de facto devaluation of the Norwegian currency over the past 24 months also implies that values in USD
or EURO terms are well below the peak, even in Oslo, the capital. IPI Project AS manages and co-owns a block of 10
apartments in Oslo (see Oppegårdgata AS below). We are now looking for apartment buildings in Akershus, Østfold and
Vestfold, in micro locations with potential for high returns.
SPAIN (Gran Canaria and Costa del Sol):
The dramatic fall in property prices has levelled out, creating new opportunities both on the mainland and on the islands.
Costa del Sol is one of the most favourite vacation areas, and IPI has had great success with its construction of 56
apartments near Malaga. Sold during 2003, the investors made a 100 % return over the three year period and we believe we
can repeat the success story. Therefore, we have agreed to purchase a 13 000 m2
property with 25 villas and townhouses
(see Eco Mijas Garden below).
Working closely with the Miraflores Group, we are acting as advisors on two residential project in the Malaga region (see
Valle Miraflores and Club Miraflores below). Further afield, approximately 400 000 Norwegians visit Gran Canaria yearly,
which generates a high demand for rental properties. IPI is acting as advisors to the Sanchez / Sonnenland Group of Gran
Canaria on the development of their property on the southernmost tip of the island. Planning permission is now approved for
construction of some 250 apartments for holiday ownership and -lettings (see further info on Arguineguin Park below).
GERMANY (Berlin):
Europe’s strongest economy. The capital grows rapidly, both in population and in financial terms. Berlin house prices are still
very affordable, much due to strict rental regulations. We are currently evaluating projects with short-term letting licenses and
also freehold apartments, as well as office premises. These will benefit from the economic upturn but will not be affected by
rental restrictions. IPI Management AS (IPI M) has since 2006 invested in and managed a Norwegian fund (Eiendomsfond
Tyskland I AS), which recently sold all of its 43 buildings with 1 300 apartments in Berlin. IPI M still manages two apartment
buildings with 17 letting units owned by Bolig Berlin AS. These have recently been put up for sale with the expectation of
producing a healthy return to the investors.
8. New projects OsloNew projects Oslo
Strong demand and limited new
construction has lead to a steady
increase in house prices over many
years, particularly in the Oslo region.
Yields are now at historically low
levels. Neighbouring cities on both
sides of the Oslo Fjord offer higher
returns and at times appear to provide
better investments; risk/reward
considered.
IPI Invest AS is presently looking to
buy residential buildings for its
investors in these areas. Location is
key.
IPI Project AS has its offices here at St. Olavs gate 21, Oslo
9. United StatesUnited States
The world’s largest real estate market.
After the financial recession of 2007-10
the values have rebounded as we
predicted. Florida is one of the most
rapidly growing states, and property
values are again on the increase.
Through IPI North America LLC,
Orlando, established in 2009, we have
gained experience and understanding of
the market. In partnership with a local
developer we have designed a 326 units
multi-family project to be built southwest
of Orlando. Due to low investor interest
in Norway and funding difficulties we
have decided to sell our share to the US
partner.
Club house: Champions Vue Apartments,
10. SpainSpain
The dramatic reduction in Spain property
prices between 2007- 2014 has now leveled
out, creating investment opportunities. This
is especially evident on the Costa del Sol
which comprises the south and the south
east parts of the Mediterranean coast. This
is one of the most favorite vacation areas.
IPI had great success with its construction of
56 apartments near Malaga. Sold during
2003, the investors made about 100 %
return over the three year period. We
believe this success story can now be
repeated. We have therefore recently
established IPI Eco Developers SL,
Malaga; which will be in charge of
development of new projects. Our project
manager, Amir Nahavandi, has been in
head of construction of over 1 300
apartments and houses in the area through
the last 35 years. He was IPI’s project
manager of our Miraflores Hills development
(see the photo on the right). “Miraflores Hills”: 56 new apartments, completed and
sold in 2003, well before the market peaked
11. 2007 BUBBLEBURST
SPAIN: REAL ESTATE BUSINESS CYCLE
2008-2014 PRICEEROSION &
DISTRESSED MARKETS 2019-…
2014-2018 GROWTH
OPPORTUNITY
OPTIMUM
INVESTMENT
WINDOW
EARLYDOWN CYCLE
• Lending shuts down
• Long lasting instability
from bubble
MID DOWN CYCLE
• Forced sellers
• Price too high
• Unknown bottom
• Too early to invest
PROFIT TAKING
RECOVERY
• Economy rebounds
• Leverage kicks in which
drives value up
2015-16
BUYLAND.
Start design &
planning
2017-2022
CONSTRUCTION
AND SALES2016-17
PRE-SALES &
FINANCING
EARLYUPTURN
• Transactions at large
discounts
• Time to buy with equity
• Limited downside
12. Mijas Garden (1)Mijas Garden (1)
Project ‘Mijas Garden’ located in Mijas, Costa del Sol, Spain
13. Mijas Garden (2)Mijas Garden (2)
The IPI Group controlled Eco Mijas Garden SL has recently been formed to owe and develop
a 13.000 m2
property in the historic village of Mijas, Costa del Sol. The company and the
development will be managed by IPI Eco Mijas Garden SL.
This allows a total building size of 4525 m2
living area, and we expect to build 11 villas, 14
townhouses. Total land cost is € 1,080,000 i.e. € 290/m2
of building volume.
14. Mijas Garden (3)Mijas Garden (3)
Investors are invited to join at this entry level, either
as partners in the Spanish owning company or as
shareholders in the Norwegian holding co.
Net sales revenues are estimated at some € 13,3
Million, giving the investors a pre-tax profits of abt.
100% on their equity of € 2,9 mill. The rest of the
project costs are being financed by a local bank and
pre- sales of some of the units.
Completion of construction and sales is expected to
take about 2 ½ years.
16. La Katria, Costa del SolLa Katria, Costa del Sol
(2)(2)
We are acting as advisors to the owners
of La Katria, a property of some 110 000
m2
of beautiful south facing land located
in Mijas county, province of Malaga.
Planning permission allows for is granted
for construction of 140 town houses, six
villas and a small commercial centre.
Having spent 10 years to obtain planning,
the owners are now prepared to sell the
project with its licenses or to enter into a
joint venture with a financially strong
investor.
17. Club Miraflores, Costa delClub Miraflores, Costa del
SolSol
Together with the Miraflores Group, we
are negotiating to buy the freehold of the
Miraflores Club, which is the
administrative and leisure centre for the
Miraflores 1200 units community in Mijas
Costa.
With a large pool area, gardens and
offices, it has the potential for adding
three more floors of some 60 studio suites
for sale as freeholds (condominiums),
within an apart-hotel operation.
The property today yields a decent return
supporting the costs of redesign and
licenses.
Completion of the new facilities will take
30 to 36 months. We will be inviting
investors to join in the autumn of 2016.
18. Arguineguin Park, GranArguineguin Park, Gran
Canaria (1)Canaria (1)
As advisors to the Spanish hotel owners and property developers Sanchez Group, IPI has
spent over five years on their project Arguineguin Park, Gran Canaria, Canary Islands. The
project will consist of some 250 apartments in 14 blocks, located in one of the islands’ most
popular destinations for holiday makers and longer-term residents.
19. Arguineguin Park, GranArguineguin Park, Gran
Canaria (2)Canaria (2)
Ownership of the apartments will be in private hands, and IPI will be offering some of the
blocks to its investors. The apartments will be let on contracts managed by a well-known
hotel/leisure group and are expected to provide a good return on cash invested. Construction
is set to start in the autumn of 2016 with completion 2 - 2 ½ years later.
20. Team players IPI GroupTeam players IPI Group
Vendla Eiendom AS (holding co.):
•Hilde Sejersted Bødtker, chair person
IPI Management AS (IPI M), board members:
•Sven Sejersted Bødtker, MA. Econ.
•Torstein Lien, MBA
IPI Invest AS, board members:
•Sven Sejersted Bødtker
•Torstein Lien
IPI Project AS, partners with IPI M as shareholders:
•Jørn Terje Kristensen, solicitor, chairman Verdiforvaltning AS
•Mats Sæverud, solicitor, board member Verdiforvaltning AS
•Ragnvald Caspari, real estate agent, manager Verdiforvaltning AS
•Trond Selsbak, economist, finance manager Verdiforvaltning AS
IPI North America LLC, member:
•Steinar Faanes, MBA, realtor (US)
IPI Eco Developers SL, Spain, administrators:
•Amir Nahavandi, civ. engineer
•Sven Sejersted Bødtker
21. External board members in associatedExternal board members in associated
companiescompanies
Champions Gate AS:
Knut Schage
Jens Chr. Hauge
Bolig Berlin AS:
Knut Schage
J. Frithjof Skouverøe
Oppegårdgata 4 AS:
J. Frithjof Skouverøe
Nils Anders Kiær
Per Sverre Kilvær
Jørn Terje Kristensen
Mijas Garden AS:
Einar Askvig