Information Memorandum Summary
Punda Progress Capital C.V. (‘PPC CV)
PPC CV is an investment fund structured as a limited partnership under the laws of Curaçao (‘commanditaire vennootschap’), offering investors the possibility to benefit from high returns on investment in ‘Downtown Punda’, the heart of the UNESCO world heritage city of Willemstad, Curaçao.
• Curaçao downtown Punda, is on the verge of becoming a hot spot for living and nightlife. With growing demand for medium to long-term apartment rental. 64 new apartments in 17 buildings have been completed successfully in the last 4 years.
• High returns on purchase, renovation, renting out and sale of carefully selected existing buildings, by ensuring they are rented out at optimum prices and sold with capital appreciation when the Punda real estate market has developed.
• Annabay Management has all it takes to acquire an optimal selection of properties and ensure quality design & build to target specific market segments.
Financial Projections capital call I
Pre-tax Equity IRR
Anticipated holding period.
Cash Flow to Equity over Life Cycle as % of Equity before tax
(8% avg per year)
PPC CV offers up to 10,000,000 participation rights (or ‘Units’) with a nominal value of US$ 1.- each. Capital Call I entails the offering of 1,300,000 Units to professional investors with a minimum investment of 50,000 units or US$ 50,000.- per investor.
For more information, including the Information Memorandum and Financial Model, please contact:
Mr. C. Quirijns T: +5999 698 8134 E: [email protected], or
Mr. F. Lammers T: +5999 564 1333 E: [email protected].