Atream Hôtels SCPI
1st SCPI dedicated to hotel real estate
Open-ended income generating SCPI vehicle
created in 2016
Recommended investment horizon: 10 years
AMF SCPI certificate no. 16-27 dated 23 September 2016
Period of use : 1st day of the 4th month following subscription
Distribution frequency : Quarterly
Capitalisation as of 31/12/2019 : € 174,725,000
A dedicated real estate investment strategy targeting both business and leisure hotels and tourism real estate.
Since the creation of Atream in 2008, we have been convinced of the opportunity of investing in hotel real estate.
Both the economic prospects of the hotel market in Europe and the consolidation of its main players support this analysis.
By creating the Atream Hôtels SCPI, we are, for the first time, offering individuals a purely real estate collective solution to invest in the hotel sector.
Pascal Savary, Grégory Soppelsa
Chairman and Chief Executive Officer of ATREAM.
direct and indirect jobs related to tourism in 2018
DIVERSIFYING YOUR ASSETS & REAL ESTATE HOLDINGS
Why choose Atream Hôtels?
A different asset class complementing offices and shops
Properties managed by tenants through long-term lease contracts
A potentially high occupancy rate and rental stability
A manager specialising in hotel real estate investment
Investing in real estate is a way to diversify your investments. However, your savings should not be fully invested in this market. In particular, it represents a risk of capital loss.
SON PATRIMOINE IMMOBILIER
Le commentaire Atream
Le commentaire Atream
Le commentaire Atream
EVERYTHING YOU NEED TO KNOW ABOUT ATREAM HÔTELS
|Recommended investment period||10 years|
|Maximum authorised capital||€40,000,000|
|Capital as at 31/03/2017||€796,000|
|Minimum initial subscription||5 shares i.e. €5000|
|Available via life insurance||No|
|Split ownership rights||Not currently|
|Subscription fee||10% excl. VAT (12% incl. VAT)|
|Annual management fee||10% excl. VAT (12% incl. VAT)|
|Visa AMF SCPI||16-27 dated 23/09/2016|
|Immeubles au 31/12/2016||-|
|Locataires au 31/12/2016||-|
|Taux d’occupation physique au 31/12/2016||-|
|Taux d’occupation financier au 31/12/2016||-|
|Répartition géographique au 31/12/2016|
Répartition géographique au 31/12/2016
Répartition par type d’actifs au 31/12/2016
|Capitalisation as at 31/03/2017||€995,000|
|Number of shareholders as at 31/12/2016||24|
|Number of shares as at 31/12/2016||995|
|Shares pending as at 31/12/2016||0|
|Subscription price (net of all costs)||€1,000|
|Withdrawal value||900 €|
|Realisable value as at 31/12/2016||ND|
Quarterly information bulletins
A société civile de placement immobilier (SCPI) is an unlisted fund for collective investment which invests solely in tangible real estate.
SCPIs are intended for any type of investor wishing to invest in real estate markets and aiming to hold the investment over the long term.
For a few thousand euros , and in return for a risk of capital loss and reduced liquidity, they permit:
– indirect access to real estate markets which have traditionally been reserved to professional investors;
– benefiting from a full delegation of management to a real estate specialist;
– receiving a potential supplementary income;
– an investment benefiting from a real estate risk diversification approach.
The recommended investment period is 10 years. The SCPI bears the costs related to the management of the investment and the real estate assets.
In accordance with Article 8 of the General Tax Code, SCPIs are tax transparent, they are not subject to corporation tax.
Their taxation is dealt with through the tax treatment of their shareholders (progressive regime of income tax for private individuals or corporation tax for legal entities). Natural persons may declare their real estate income either under the micro-regime for small real estate holdings (under certain conditions), or under the standard regime. The income from cash placements are taxable in the category of income from securities investments for French-resident natural persons.
General principle for taxing French-source income
The profits generated by the company, together with capital gains observed on a sale or withdrawal of shares, are therefore directly taxed at the level of each shareholder according to their own tax status, for the portion of their corporate rights in the SCPI.
French-source income and real estate capital gains are subject to welfare contributions at the fixed rate of 15.5%.
General principle for taxing foreign-source income
– Foreign-source real estate income is subject to tax in the country in which the property is located. It is therefore deducted at source. Welfare contributions do not apply to foreign-source income;
– income received from the SCPI is declared and taxable as real estate income for the investor; However, depending on the tax treaties concluded between France and the country in which the SCPI invests, rebalancing mechanisms may be available, such as tax credits, thereby avoiding double taxation of income.
For further information: please consult the SCPI Atream Hôtels information memorandum that can be downloaded in the documentation section of the site
Shares in SCPIs are long-term investment vehicles and must be acquired with a view to diversifying assets.
In the event of a loan-based subscription: The investor’s attention is drawn to the fact that the lack of income and capital guarantee on the SCPI does not affect the repayment obligations inherent in taking out a loan. In the event of non-repayment, the shareholder may be forced to sell its shares and be required to bear a risk of capital loss. Reselling the shares may not cover the repayment of the loan.