03-presentatie wilfred hendrikse & bharat bhojwani...from heritage to investment pietermaai‐a...
TRANSCRIPT
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HARVESTING HERITAGE
INVEST WILLEMSTAD11 OCTOBER 2019
Jewel Investments
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CONTENT
1. Intro2. The “Jewel” of Pietermaai Smal3. From Heritage to Investment Fund4. Business case for Heritage 5. What’s Next?6. Q&A
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PietermaaiBoutique Hotel
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Nieuwestraat
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From Heritage to InvestmentPietermaai ‐ A vibrant and hip neighborhood • Hotel Suites• Student Housing Units• Commercial Office space• Retail stores• Restaurants• Bars and Jazz Club• Private residences and long term rent
apartments
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HERITAGE INVESTMENT FUND MARCH 2017
Jan Peltenburg, Anne Marieke Holten and Wilfred Hendriksen (Jewel Investment Group) decide to sell their properties in Pietermaai Smal
JULY 2017
Negotiations start between cfg and Jewel
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HERITAGE INVESTMENT FUND
Fiscale Regeling Erfgoed 2017:
Significant Tax Benefits for
Heritage Preservation:
0% Overdrachtsbelasting
0% hypotheek visum
Investeringsaftrek 30%
Belastingvrije rente
inkomsten van obligaties
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HERITAGE INVESTMENT FUND27 FEBRUARY 2018
Jan Peltenburg dies on 27 februari 2018.
He does not survive to see the launch of the Heritage Fund.
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HERITAGE INVESTMENT FUNDMARCH 2018
Central Bank green light for CHF to raise capital
APRIL 2018
Securities Exchange (DCSX) grants approval to be listed
12 APRIL 2018 Curacao Heritage Fund
distributes Bond Prospectus to public to raise USD 4.2 million!
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CHF officially launched!31 May 2018
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Some impressions
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More impressions
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BUSINESS CASE ‐ CHF
28%
67%
Student Housing
Commercial Properties
5%
Boutique Hotel
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BUSINESS CASE ‐ CHF
5.0%
7.0%
8 ‐ 12%
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Curacao RevPar is now USD 130. Approx. 23% increase in 2018!
Cruise Arrivals also growing fast!
BUSINESS CASE ‐ CHF
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WHAT’S NEXT FOR CFG??
1st half 2020
Willemstad Investment Fund
WIF
2nd half 2019
2.0
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WIF – BUSINESS CASE
Possible Investment Areas = 1,500+ new hotel rooms in Punda & Otrobanda!
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WIF – BUSINESS CASE A ROBUST BUSINESS MODEL THAT ALSO HARVESTS HERITAGE
Plaza JoJo Correa (November 2018)
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READY TO GO ‐ AGAIN!A UNIQUE CHANCE TO GET INVOLVED IN HARVESTING our UNESCO World HERITAGE !!
Solicit firm interest from initial equity partners Structuring of the Investment FundIdentify properties Initiate purchase option and exclusivity with sellers / banks(Technical) Due diligence on investment properties (PIP)Agreement on Purchase Price Pitch the investment opportunity to select group of investorsComplete Fund ProspectusObtain a firm commitment from InvestorsRoadshows for Debt: Loan or Bond Issuance through DCSX Closing: 4 – 6 months from start (complete purchase real estate)
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MORE INFORMATIONINTERESTED IN MORE DETAIL?
The Curaçao Financial GroupJohan van Walbeeckplein # 18Willemstad, CuraçaoTel. + 5999 843 2025
Bharat [email protected] | mobile + 599 9 690 1125
Walter [email protected] | mobile + 599 9 690 1127
www.cfgvalue.com