About the sustainable residential real estate of return Fund: The Fund invest in apartment buildings and housing estates in Northern metropolitan areas built 1960 and pursue energetically sustainable exploitation of the stock to be purchased. Residential real estate are responsible for more than 30 percent of primary energy demand. Energy refurbishment can reduce primary energy consumption depending on the year of manufacture up to 80%. For the existing properties of the first yield Fund is a consumption of primary energy by less than 100 kWh/m2a and a total savings of 102 million kWh planned according to 10.2 million litres of fuel oil. Energy saved could be generate heat insulation material for a small town of about 4,000 single family homes. The Fund combines a planned after tax yield of 6.9% p.a. with the improved protection of tenants before energy prices continue to rise. Exceed the current payouts in the 4.6% per annum average starting at 2.7% in 2011 and rise to 7% p.a.

at the end of the term. At the end of the term, a further withdrawal to investors from the forecasted sales profit is in addition to the ongoing payments and the repayment of capital. Through early consultation with the authorities given social issues be taken into account in circumstances of tenants (video interview). To the 24 real estate: the real estate 24 GmbH has a successful performance record in the field of acquisition, acquisition financing, development, ongoing management and the marketing of apartment buildings and condominiums. Under the leadership of its Executive Director Rudolf Marloh, the real estate 24 has GmbH between 2002 and 2005 an inventory of residential real estate in the amount of EUR 6.8 million purchased, managed with a profit margin of 7percent and with a profit of 26Prozent sold (IRR = 8% before taxes the GmbH). Had Mr Marloh Grund Hamburg GmbH as Managing Director of Telos home from 1997 to 2000, 37.8 million acquired a stock of residential real estate of EUR, managed with a yield of 9% and profit before tax of 20 percent marketed (IRR = 11% before taxes the GmbH).