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Six German Retail Properties - the Louis Group International ...

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preamble<br />

properties germany<br />

<strong>Louis</strong> <strong>Group</strong> Property Associations (LGPA) commenced in South Africa in 1968 and is today South Africa's largest<br />

and longest serving private property syndication enterprise. LGPA currently operates in England, <strong>German</strong>y, Isle of Man,<br />

Namibia, South Africa, Zimbabwe and Switzerland and can expose clients to properties in multiple currencies.<br />

LGPA is delighted to release this diversified investment opportunity which entails an investment in 6 retail <strong>German</strong><br />

properties in Berlin, Braunfels, Ellwangen, Lorrach, Radolfzell and Stockach.<br />

In 2005, some € 20.55 billion was invested in <strong>German</strong> commercial property. The bulk of investment was seen outside<br />

<strong>the</strong> traditional property centres and came in <strong>the</strong> form of individual transactions and larger nationwide portfolios. Also<br />

during this period, <strong>German</strong>y attracted 9.4% (2nd most) of all shopping centre investment in Europe, with <strong>the</strong> result<br />

that in 2006 <strong>German</strong>y had 12,4 million m 2 €<br />

of shopping centre floorspace - <strong>the</strong> 3rd most in Europe.<br />

These 6 retail properties embody all <strong>the</strong> criteria for a great investment opportunity, namely <strong>the</strong> properties are (i) well<br />

located, (ii) fully let on long leases, (iii) let to very strong covenants and (iv) tenants are well-established national<br />

brands.<br />

It needs to be noted at <strong>the</strong> outset that although terms have been agreed with <strong>the</strong> various sellers and legals completed,<br />

all <strong>the</strong> acquisitions are subject to suspensive provisions inserted for <strong>the</strong> benefit of <strong>the</strong> purchaser, which if not fulfilled,<br />

could entitle <strong>the</strong> purchaser to rescind from <strong>the</strong> contract. Although we do not foresee problems, in <strong>the</strong> event that <strong>the</strong><br />

purchaser should withdraw from any one or more property purchases, <strong>the</strong>n a pro-rata amount of <strong>the</strong> investment<br />

proceeds plus accumulated interest will be returned to investors.<br />

This memorandum is for <strong>the</strong> use of <strong>the</strong> persons to whom it is addressed and <strong>the</strong> recipients of this memorandum agree that all of <strong>the</strong> information<br />

contained herein is of a confidential nature. This memorandum must not be copied, reproduced, distributed or passed to o<strong>the</strong>rs at any time without<br />

<strong>the</strong> prior written consent of <strong>Louis</strong> <strong>Group</strong>.<br />

Private Placement Memorandum <strong>Six</strong> <strong>German</strong> <strong>Retail</strong> <strong>Properties</strong><br />

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