Funds

Facts

KEY FUND FEATURES
Fund name BPT Hansa Lux SICAV-SIF
Status Closed for new subscriptions
Aifm BPT Hansa Lux SICAV-SIF (registered by CSSF as of 16.08.2013)
Investment profile Invests in commercial properties in Northern Germany, mainly Berlin
Fund type Closed-ended (minimum 10 years for each investor), unlisted
Legal structure SICAV-SIF (Luxembourg)
Inception January 2008
Expected exit 3rd May 2023 with the possibility for restructuring
Fund manager Northern Horizon Capital A/S
Fund administrator European Fund Administration (admin.) / Banque de Luxembourg (custodian)
Minimum investment EUR 125,000
INVESTMENT TARGETS
Equity EUR 100 million
Leverage 70 %
Total inv capacity EUR 300 million
City allocation 69% Berlin, 15% Hannover,16% Hamburg
Sector allocation 11% retail, 44% office, 39% hotel, 6% industrial
RoE >7 % per annum not including capital gains
Dividend >5 % per annum
PORTFOLIO
Number of properties 4
Total portfolio size 45.086 sq. m.
Average property size 11.272 sq. m.
Average lease length The lease lengths are 2-20 years for office, 10-20 years for other segments
Subscription fee Max. 1.95 %
Management fee 0.75 % of GAV per annum
Acquisition fee 0.3% of the total acquisition sum
Incentive fee 20 % above a hurdle rate of 7 % RoE

Management

Fund Manager

Board of Directors

  • Alain Heinz, Certified Public Accountant, Chairman
    Hoche Partners
  • Rüdiger Kimpel
    International Campus Group (Lux), Corestate Group (Lux), AIF & Rating Advisory (Lux)
  • Lars Ohnemus
    Founder and Chairman of Northern Horizon Capital A/S

Reports

Quarterly fund reports

Year Q1 Q2 Q3 Q4 Annual
2008 pdf pdf pdf pdf pdf
2009 pdf pdf pdf pdf pdf
2010 pdf pdf pdf pdf pdf
2011 pdf pdf pdf pdf pdf
2012 pdf pdf pdf pdf pdf
2013 pdf pdf pdf pdf pdf
2014 pdf pdf pdf pdf pdf
2015 pdf pdf pdf pdf pdf
2016 pdf pdf pdf pdf pdf
2017 pdf  pdf

Hansa pays out again 3% dividends

December 13

The Fund gained again from an increasing rental income and using low interest level to reduce total cost of capital....

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Hansa Quarterly Fund Report for Q3 2016 have been released

November 18

Hansa Quarterly Fund Report for Q3 2016 have been released. The NAV at quarter-end is EUR 106.55. Please find the Q3/2016...

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Hansa Annual Report 2015 & Quarterly Fund Report for Q1 2016

May 4

Hansa Annual Report 2015 as well as Quarterly Fund Report for Q1 2016 have been released. The NAV at quarter-end...

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Hansa Quarterly Fund Report for Q4 2015

March 4

Hansa -fund’s Quarterly Fund Report for Q4 2015 has been released. The NAV at year-end is EUR 104.07. Please find the...

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Hansa declares 3% interim dividend

November 12

Northern Horizon’s German fund, Hansa, has both strong operational performance as well as solid cash position. Based on these fundamentals...

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Hansa Quarterly Fund Report for Q3 2015

November 4

Hansa -fund’s Quarterly Fund Report for Q3 2015 has been released. The NAV at quarter-end is EUR 103.97. Please find the...

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Hansa Quarterly Fund Report for Q2 2015

July 24

Hansa -fund’s Quarterly Fund Report for Q2 2015 has been released. The NAV at quarter-end is EUR 103.23. Please find the...

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BPT Hansa Quarterly Fund Report for Q1 2015

May 12

The BPT Hansa Quarterly Fund Report for Q1 2015 has been released. The NAV at quarter-end is EUR 102.71. Please find...

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BPT Hansa Quarterly Fund Report for Q4 2014

March 17

The BPT Hansa Quarterly Fund Report for Q4 2014 has been released. The NAV at quarter-end is EUR 102.13. Please find...

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BPT Hansa Quarterly Fund Report for Q3 2014

October 29

The BPT Hansa Quarterly Fund Report for Q3 2014 has been released. The NAV at quarter-end is EUR 108.87. Please find...

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BPT Hansa Quarterly Fund Report for Q2 2014

August 1

The BPT Hansa Quarterly Fund Report for Q2 2014 has been released. The NAV at quarter-end is EUR 108.10. Please find...

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BPT Hansa Quarterly Fund Report for Q1 2014

May 9

The BPT Hansa Quarterly Fund Report for Q1 2014 has been released. The NAV at quarter-end is EUR 106.92. Please find...

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BPT Hansa Quarterly Fund Report for Q4 2013

April 25

The BPT Hansa Quarterly Fund Report for Q4 2013 has been released. The NAV at quarter-end is EUR 106.92. Please find...

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BPT Hansa pays out interim dividends

December 12

Following an exceptionally rewarding disposal of the Weinmeisterstraße property in early 2013 and closing the reinvestment in Bessemerstraße, the investors...

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BPT Hansa Quarterly Fund Report for Q3 2013

November 20

The BPT Hansa Quarterly Fund Report for Q3 2013 has been released. The NAV at quarter-end is EUR 108.26. Please find...

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BPT Hansa Quarterly Fund Report for Q2 2013

August 28

The BPT Hansa Quarterly Fund Report for Q2 2013 has been released. The NAV at quarter-end is EUR 108.03. Please...

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BPT Hansa Quarterly Fund Report for Q3 2012

December 9

The BPT Hansa Quarterly Fund Report for Q3 2012 has been released. The NAV at quarter-end is EUR 100.97. Please...

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BPT Hansa Quarterly Fund Report for Q2 2012

August 22

The BPT Hansa Quarterly Fund Report for Q2 2012 has been released. The NAV at quarter-end is EUR 101.66. Please find...

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BPT Hansa Quarterly Fund Report for Q4 2012

June 6

The BPT Hansa Quarterly Fund Report for Q4 2012 has been released. The NAV at quarter-end is EUR 103.32. Please...

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BPT Hansa Quarterly Fund Report for Q1 2012

May 15

The BPT Hansa Quarterly Fund Report for Q1 2012 has been released. The NAV at quarter-end is EUR 101.16. Please find the...

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BPT Hansa Quarterly Fund Report for Q4 2011

March 26

The BPT Hansa Quarterly Fund Report for Q4 2011 has been released. The NAV at quarter-end is estimated at EUR 100.95....

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BPT Hansa Quarterly Fund Report for Q3 2011

November 14

The BPT Hansa Quarterly Fund Report for Q3 2011 has been released. The NAV at quarter-end has been set at EUR...

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BPT Hansa Quarterly Fund Report for Q2 2011

August 8

The BPT Hansa Quarterly Fund Report for Q2 2011 has been released. The NAV at quarter-end has been set at EUR...

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BPT Hansa Quarterly Fund Report for Q1 2011

May 27

The BPT Hansa Quarterly Fund Report for Q1 2011 has been released. The NAV at quarter-end has been set at EUR...

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BPT Hansa Annual Report for 2010

May 6

The BPT Hansa Annual Report for 2010 has been released. Please find the report here.  

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BPT Hansa Quarterly Fund Report for Q4 2010

March 22

The BPT Hansa Quarterly Fund Report for Q4 2010 has been released. The NAV at quarter-end has been set at EUR...

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BPT Hansa Quarterly Fund Report for Q3 2010

November 23

The BPT Hansa Quarterly Fund Report for Q3 2010 has beenreleased. The NAV at quarter-end has been set at EUR...

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