70'000 m2
531 apartments for a total of 37'000 m2 &
swimming pools, tennis courts, external parking
$11.1 millions
$7.7 millions
$3.4 millions
The investors received an average of 12-13% yearly
cash flows.
The gain at sales time was $ 3.6 millions in the
tenth year, i.e. an additional
10.6% average per year
for a total therefore
of 22-23% annual return.
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