DAVIS

Finance the renovation of the roof of the Davis Tennis Club in Wezembeek-Oppem.

The 'Davis' project aims to modernise Davis Tennis Club by renovating the roof of the tennis complex in an environmentally-friendly way. The renovation project will enable the club to collect and store rainwater to water its clay courts, thereby limiting its environmental footprint.

The project is being carried out by Tennis Club Davis Exploitatie NV, which is owned by Canius Management BV, a well-known player in the management of real estate and leisure projects in Belgium. Founded and managed by Bart Lammens and Laurens Gilen, the company has extensive experience in the sector.

Tennis Club Davis Exploitatie NV is offering an innovative bond: the quarterly repayment of capital and interest.

The campaign is accoThis was accompanied by several guarantees: the pledge of the lease of the land to the ASBL école du Davis and the guarantee from the parent company, Canius Management BV.

The project is financed in 2 tranches:

> a show by 250.000 € with an interest rate of 7,5 %

> a second issue of €250,000 with capital and interest insurance at an interest rate of 6% (100 % financed)

THE PROJECT

Quarterly repayment

The rents paid by the tennis school will be used to pay the interest and repay the capital at the rate of 1/20th of the amount every quarter, i.e. €25,000 for a fund-raising of €500,000.

Eco-responsible work

With 14 of the 15 courts made of clay, the site's water consumption is high. The new roof, covering an area of 4,000 m², will enable rainwater to be collected and stored efficiently, limiting the club's environmental footprint.

An established club

This established tennis club is located in Wezembeek-OppemThe club is located in the centre of Brussels, close to Kraainem and Woluwe-Saint-Lambert. The club has 6 indoor and 9 outdoor clay courts, as well as a high-performance in-house training centre (National I).

Financing conditions

Insured capital and interest

Gross interest rate

0 % per year

Duration

0 month

Maximum lift

1 €

Uninsured portion

Gross interest rate

0 % per year

Duration

0 month

Maximum lift

1 €

This project is part of BeeBonds' partnership with the United Fund for Belgium (UFB), a non-profit organisation fighting against social exclusion in Belgium.

BeeBonds will donate a portion of its fees to UFB for each new investor participating in this campaign.

Warning

Promotional communication: investing in a participatory financing project involves risks, including the risk of total or partial loss of the capital invested. Return on investment is not guaranteed. Participatory finance services are not covered by the deposit guarantee scheme established in accordance with Directive 2014/49/EU and that securities or instruments admitted for participatory finance purposes acquired through their participatory finance platform are not covered by the investor compensation scheme established in accordance with Directive 97/9/EC.

Non-sophisticated investors have a pre-contractual cooling-off period of 4 calendar days during which they may withdraw their investment offer at any time. Before investing, please read the key investment information sheet. For individuals resident in Belgium for tax purposes, interest income is subject to a withholding tax of 30%.

Consult the information sheets : Davis 6% insured , Davis 7 %.

Find out more about the project.

Project sponsor

Tennis Club Davis Exploitatie NV

The Davis project is supported by Tennis Club Davis Exploitatie NV, a company owned by Canius Management BV. Founded and managed by Bart Lammens and Laurens Gilen, Canius Management is a renowned property and leisure project management company in Belgium.

THE TEAM

Bart Lammens

A lawyer by training, Bart is a long-standing shareholder in Tennis Club Davis and has been responsible for the day-to-day running of the club since 1998. Having worked in the banking sector and then as a project manager at Saint-Trond, he has acquired expertise in the management of large-scale infrastructures.

Laurens Gilen

Laurens Gilen brings entrepreneurial know-how inherited from family tradition to the property business. The Gilen Group is renowned for its residential development projects in Belgium and its innovative rental property model, notably with the Hamster Rent funds.