In this piece post Aug 18, 2011, I told you to get shares of Scpi Pierre 48, since it gives a revaluation of its share from 1035 Euros to 1135 Euros, that is 9.66%.
The great news is that beginning of 2012, the cost of the share will be:
– 1,139 (4) Jan 1,
– 1,143 (4) Feb 1,
– 1,157 (14) March 1,
– 1,171 (14) April 1,
– 1,185 (14) May 1,
– 1,199 (14) June 1.
an extra increase of 5.64% assured for 6 months.
For the second
half of 2012, nothing was released but it will likely follow the same trend
For the those who bought in August this is an increase of 1199/1035 = 15.84% …
Quite good for one free guidance.
While having the ability to sleep on his 2 ears.
You know thru my articles I Am extremely cautious about the home market (which is different from professional real estate offices or REIT performance), because I suspect it’ll fall.I might be wrong but it’s my intuition.
But the busines model of Pierre 48 is different:
Basically the Scpi acquired 50 what’s valued 100 …
ie leased property under the law in 1948, so heavily discounted.
But as this regime is not transferable, when the building ends up out of the 1948 law, rents revert to normal, and the building finds back its market valuation.
It’s just a matter of time.
At the individual level there is a risk if waiting a very long time, but on the whole portfolio of Pierre 48, statistically each year some of the properties get back to their market value, permitting an appreciation of the part, and sometimes special dividends for thesale of one building.
It is better to buy 50 what’s valued 100, rather than buying 100 what is valued 50, like Scellier.
And whether or not the real estate dropped as an example, to 80, there’s a safety margin, and Pierre 48 could then buy 40 what is valued 80…
The outcome of Pierre 48 since its inception in 1996 shows the relevance of its model, even in a crisis.
It’s easy I don’t know up today any investment that has reported so much with such a reassurance.
Attention, see this investment as a medium term investment, as you must take into account the discount of 8.29% before tax (that is 9.91%tax included) when you resale the shares
To take advantage of Pierre 48 and its 5.64% warranted for the 1st 6 months 2012, please complete the application and follow the directions.
To know more about SCPI, come visit the CGPI internet site and it’s page about SCPI