The fund invests indirectly in 857 rental apartments. The portfolio further exists of five commercial properties (shops), which are located underneath the apartments. These properties are intended for letting and will in principle be sold off in the long term, either as a portfolio or per complex.


Property Homes
Region Germany
Fund size (2009) €57,670,000
Investors Private investors
Size of participation €15,000
Fund Unlisted
Status Registration closed

Investment portfolio

BGRF V Berlijn_ErmanstrasseThe complex in Berlin is located in the Steglitz neighbourhood, at Ermanstraße 21, and comprises 14 apartments (12 subsidised rental apartments and 2 unsubsidised rental apartments) and 6 lock-up garages. The property was built in 1977.
BGRF V EsslingenThe complex is located at Weilstraßee 2-4 and was built in 2007. It comprises 2 buildings joined by an aerial walkway. The complex consists of 21 apartments, 2 retail units and an underground car park with 22 spaces.
BGRF V GottingenThe complexes are located at Kiesseestraße 49, 49a / Pastor-Sander-Bogen 156-158, 142-146 and 140/Am Brauksweg 1-3 (Pastor-Sander-Bogen). These are three buildings with 67 apartments in total in the Geismar neighbourhood. The complexes were built in 1997.
Investment portfolio