ICD 8 R+ Chemnitz
ImmoChance Deutschland 14 Renovation Plus
The Next Chapter in a Proven Success Story
ImmoChance Deutschland 14 Renovation Plus (ICD 14 R+) is the latest addition to Primus Valor’s established fund series.
As with its predecessors, the focus lies on acquiring existing residential properties in medium-sized German cities, carrying out value-enhancing renovations—particularly energy-efficient upgrades—and generating long-term returns through rental income and strategic sales.
Key Investment Highlights
- Fund Volume: €40 million equity capital
- Minimum Investment: €10,000 (plus 3% subscription fee)
- Forecasted term: Until approx. 8 years after the end of the placement period; an extension of up to three years is possible.
- Forecast Total Return1: ~165.65% 2
- Expected Annual Distribution1: ~3.25–4.75% p.a.3
- ESG Classification: Article 8 (environmental characteristics promoted)
- Capital Management: Alpha Ordinatum GmbH
Investment Strategy
- Target Regions: Medium-sized cities in Germany with strong infrastructure, job markets, and housing demand
- Property Focus: Existing residential buildings with renovation potential
- Value Creation: Through energy-efficient refurbishments, modernisation, and structural upgrades
- Risk Mitigation: Broad diversification across at least five locations
- Flexible Exit: Sales of units, properties, or portfolios depending on market
1 Forecasts are not a reliable indicator of future performance.
2 Including repayment of the contributed equity; based on the limited partnership capital excluding premium; pro rata temporis for the year in which the distribution entitlement arises.
3 Base scenario of the projected distributions in % of the limited partnership contribution excluding premium (before taxes); pro rata temporis for the year in which the distribution entitlement arises.
Why Invest in ICD 14 R+?
4 The amount and frequency of distributions may vary. Distributions may also be suspended.
Sustainability & ESG
ICD 14 R+ meets the requirements of Article 8 of the EU Sustainable Finance Disclosure Regulation (SFDR). The fund actively promotes environmental characteristics by improving the energy performance of residential buildings. These measures help reduce CO₂ emissions, lower operating costs, and increase property value.
