Resi

2023年8月15日

杜伊斯堡是德国的城市之一,布鲁克菲尔德拥有的公寓。布鲁克菲尔德已经把€57米(£49米,合62美元)新资本来弥补未来的成本在一个€424德国住宅投资组合,一直在努力提高入住率,因为它是在2021年买的。债券持有人在电话中对购买€318的债务作担保投资近6300套公寓在德国西北部,贷款服务机构山街说布鲁克菲尔德已经提出新的股本的债务利息。它还说,布鲁克菲尔德将额外的资本支出更新属性,然后租空房。当布鲁克菲尔德买了投资组合从德国私人房地产公司Degag Northeimer并在2021年,33%的空缺。现在已经上升到42%。债券持有人被告知,布鲁克菲尔德买了组合后不久,它意识到,它将无法翻新和租赁单位如他们想象的那么快,因为大流行的影响,建筑成本上升和劳动力短缺。布鲁克菲尔德所需的资本支出的金额已从估计估计有134€€76,另一份报告持有人说。布鲁克菲尔德还钱来支付债务服务成本。租金收入没有上涨预期的快,和加息意味着利息已经从€1.5€3.5的四分之一。 Rental income from the portfolio is €18.4M a quarter. Per the presentation to bondholders, Brookfield is committed to the investment, as evidenced by the extra equity committed and the fact it bought out the 10% stake in the portfolio that was retained by the seller in the original 2021 transaction. The seller was also managing the process of refurbishing apartments on behalf of Brookfield but has now been replaced by MVGM, a German residential specialist. Bondholders were told the pace of refurbishing and leasing apartments will now pick up, with rents rising on those units finding tenants. The loan servicer said its business plan called for the portfolio being 90% leased and rental income at €35M by the end of 2024. The loan matures in 2026, and an interest rate hedge capping the loan margin at 2% expires in 2024. Contact Mike Phillips at mike.phillips@bisnow.com