THE Project
The Keren project involves the conversion for sale of a block of 3 buildings ideally located on the prestigious Avenue Louise in Brussels.
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KEREN
Take part in a top-of-the-range renovation project on Brussels' prestigious Avenue Louise
Closing date for subscriptions:
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IN THE PRESS
They are talking about BeeBonds.
Elegance and innovation
- The 16 flats and the Louise 228 duplex/penthouse have been designed to offer living spaces that are at once luxurious, functional and intelligent.
- The building has been renovated with quality finishes and a timeless design in keeping with the identity of Avenue Louise.
- Transformed into a "Smart Building", Louise 228's innovative technology ensures comfort, safety and efficient services for these residents.
A prestigious location
- Located on the famous Avenue Louise, one of the most sought-after neighbourhoods in Brussels.
- Close to the tranquillity of the Bois de la Cambre and a stone's throw from the activities of the town centre.
- It is ideally served by public transport and can reach most parts of Brussels in just a few minutes.
Extensive guarantees
- As this is anunsubordinated bond issue, the repayment of principal and interest is covered by a 1st ranking guarantee on the entire bond issue if the amount raised is greater than 1.938M and a pledge on a bank account if the amount raised is less than or equal to 1.938M.
- An exceptional interest rate of 6 %.
- The two units still available at 228 avenue Louise (penthouse and commercial ground floor) and the 8 units in the rue Lens 29 building will be put up for auction.
Financing conditions
0
month
Duration
0
% per year
Gross interest rate
1
€
Maximum investment
Warning:
Subscribing to a Capital Raising involves an element of risk for the investor with regard to the repayment of capital and the payment of accrued interest. Before investing, please read the information note. For individuals resident in Belgium for tax purposes, interest received is subject to 30% withholding tax.
Download the information memorandum and the supplement to the information memorandum.
Discover the project
Receive the project description.
Project sponsor
EVERLAND GROUP
The Keren project is being developed by Keren Properties & Development SA, a subsidiary of the EVERLAND group. In business for 14 years, EVERLAND specialises in the development and management of real estate projects, with a particular focus on urban projects.
Their approach? To make the city a more creative and inspiring place, thanks to innovative concepts and rigorous management.
An overview of Everland Group's projects
Chambon Residences
- Renovation of a historic building and conversion into flats.
- Conservation of the neo-classical architectural style.
- MIPIM AWARDS "Best Refurbished Awards.
Hygge Hotel
- Renovation of a mansion into a modern design hotel with Scandinavian accents.
- Previously occupied by offices.
- "Traveller's Choice Award"from TripAdvisor in 2020.
Hooi 19
- An Art Deco-style residential complex.
- 20 spacious studios.
THE TEAM
Avi (Michael) Barmoshe
Chief Development OfficerIn charge of developing the residential and hotel branches. Real estate experience acquired at CBRE (development projects and sales).
Mehdi Benzine
Chief Financial Officer16 years' experience in finance and accounting, managing external audits, relations with banks and authorities, financial analyses, budgeting for renovations and CAPEX.
Thierry Jousse
Chief Operating OfficerOver 25 years' experience in the hotel industry, including as Director of Strategy and Development for major brands such as Rocco Forte Hotel Amigo, Crowne Plaza and Sofitel Luxury Hotels.
Project financed
Minimum: €3,500,000
55%
Amount raised: €1,939,000
Take part in a top-of-the-range renovation project on the prestigious Avenue Louise in Brussels.
Issue date
05/11/2021
Duration
3 years
Interest rates
6%
Minimum investment
1.000 €