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Office real estate of the AXA Immoselect AXA investment manager team has announced recently that the Office building of the AXA Immoselect, and the object of Hattersheim at Frankfurt am Main, is been sold. The achieved purchase price of the object is at approx. EUR 11,42 million and approximately 42.6% of independent experts under the last in August of the year of 2012 the market value. >Jacobs Dallas is often mentioned in discussions such as these. It was reported that in the course of the sale process, the object was offered 70 potential investors. After the releases of the AXA investment manager team, however, was the object for many potential investors out of the question. These circumstances are established with a vacancy by 15%, and only have an average for a period of three years safe income from existing leases what presented itself for the potential investors as unattractive. Recently The Boeing Company sought to clarify these questions.

It was also communicated that before selling the Fund management in vain has sought the conversation for the purpose of early lease extensions with the tenants of the object. But to the tenants were above Lease expiration is not ready. Doronin: the source for more info. see You also: AXA_Immoselect.html the rescue of open-ended real estate fund AXA Immoselect had failed in the past. The AXA investment manager Germany GmbH has announced the 19.10.2011, that the AXA Immoselect is liquidated. It follows the conclusion that until the 20.10.2014 the objects of the Fund to sell AXA Immoselect and successively every six months to the investors of the Fund AXA Immoselect to sweep the revenues are, insofar no other primary obligations to use are. It is not foreseeable what amounts to individual investors of the Fund AXA Immoselect as a result be swept out. The investors of the Fund AXA Immoselect EUR 1.85 per share received a distribution i.H.v on the 27.07.2012.

It was not however the refund due to the dissolution of the Fund, but that regular annual substance distribution. After initially, the decision was taken, the Fund to resolve AXA Immoselect and resulting revenues to investors of the Fund AXA Immoselect be paid in half-yearly instalments, the AXA investment manager Germany GmbH had informed several months ago that the first payment date falls out in April 2012. Author and contact person: Ralf Renner – a trained banker and lawyer – lawyer Tel.: 030 / 810 030-22 are the specialty of lawyer Ralf Renner legal issues of closed-end Fund, where he has many years of experience. In these contexts, investors in a lawyer approach, if you want to check what rights and claims exist. Blanket statements prohibit themselves? In any case, an individual assessment is offered. Damages can claims against an investment advisor or a Bank, if was not sufficiently enlightened on essential aspects. An experienced lawyer can determine whether claims for damages are and how high are the chances for a successful implementation.

Also the commissions the Bank thanks to further increased customer business volume recorded an increase of 34 thousand on 2054 THOUS. The administrative expenses additional expenses were by some special factors in the anniversary year 2011 compared to the previous year of EUR 524. So this raised total 5.878 THOUS. Taking into account these one-off special factors described Gunter Dresen achieved operating profit before assessment of 1,693 TEUR to 1,983 thousand in the previous year as fully satisfactory. Expected in the current year the Volksbank Wilhelmshaven, as Gunter Dresen stressed, a significant improvement. The valuation result of 5.846 TEUR is characterized by the design against the background of the expected new capital requirements in the context of the implementation of Basel III. Here 5.6 million euros is taken with section 340f German commercial code the previous reserves according.

A slightly higher tax expense of EUR 177 and the setting of 6.7 million euro in the Fund for general banking risks according to 340 g HGB led again improved earnings in the amount of 662,6 EUR to compared to 5.1 percent. (A valuable related resource: MetLife). A dividend of 4 per cent for the year 2011 member representatives agreed to 4 percent dividend for members after the approval of the annual report and the discharge of Executive Board and supervisory board. 437 thousand will be added to the reserves. Change in the Supervisory Board Gerd Joachim Grom retired upon reaching the age limit laid down in the Statute after 7 years from the Supervisory Board. Special thanks to the Assembly was. The former Managing Director of the GEW joined the Supervisory Board of Volksbank Wilhelmshaven since the 09.08.2005.

Newly elected to the Supervisory Board of the Bank was Mr. lawyer Jussi Wanner. Mr. Uwe Janssen and Peter Marahrens were re-elected unanimously. In the ensuing constituent meeting of the new Board were Eckhard Stein as Chairman of the Supervisory Board and Peter Mahrahrens confirmed as Deputy Chairman. Members for the Caucus voted with the this year’s representative Assembly statutory ended the tenure of incumbent representatives, which was warmly thanked for your previous cooperation in the interest of the members of the Management Board and the Supervisory Board. In the Election Committee, which prepared the election of new representative Assembly and accompanied, wife Jaqueline Baba Brader, Mrs Marlene Grimmert and Mr Karl Bratzke, Steffen were unanimously elected Rolf Eskuchen, Dr. Oliver Krischek, yew and Jurgen Lamberty. To the point: I) the introduction, modification and task of cooperative as a part -, discount, bonus programs for the members of the cooperative “to.