SCPI Atream Hôtels
The 1st SCPI dedicated to hotel real estate
France et France and Zone euro
Open-ended dividend SCPI
created in 2016

Recommended investment period: 10 years
AMF Visa as SCPI No. 16-27 dated 23 September 2016

Purpose

Forming and managing, over the long term, a portfolio of leased real estate in the hospitality sector.

Share price: €1000 net of costs and charges

Minimum 5 shares
Entitlement to dividends: 1st day of the 4th month following subscription
Distribution frequency: Quarterly
Capitalisation at 31/03/2017: €995,000

Documentation

See the documentation

ATREAM HÔTELS

A real estate strategy dedicated solely to hospitality accommodation for leisure tourists and business travellers, as well as service residences.

Since Atream was created in 2008, we are convinced that now is the time to invest in hotel real estate.
Both the economic environment for the hotel market in Europe, and the consolidation of its major players, back up our analysis.

By creating SCPI Atream Hôtels, for the first time we are offering private individuals a dedicated real estate collective solution to invest in the hotel sector.

Pascal Savary, Grégory Soppelsa

Chairman and Chief Executive of ATREAM.

+12 %

Increase in the number of tourists visiting the Paris Metropolitan Area over the first 4 months of the year. (source : Paris Convention and Visitors Bureau)

DIVERSIFYING YOUR ASSETS & REAL ESTATE HOLDINGS

Why choose Atream Hôtels?

A different and complementary type of assets to offices and retail
Tenant operators with long periods of commitment
Potentially high occupancy rates and rental stability
A manager specialising in hotel property investment

Investing in real estate is a way to diversify your portfolio. However, your savings must not be invested entirely in this market. There is, in particular a risk of capital loss.

See the risks

INVESTMENT STRATEGY

70 %

Hotels

30 %

Hotel residences and services

60 %

France

40 %

in the euro zone

  • well-positioned assets in zones with high numbers of leisure tourists and/or business travellers
  • strong hotel brands, and tenant operators selected for their hospitality know-how
  • establishments which are already being operated, with rental income available immediately
  • multiple pathways for diversification to mutualise the real estate risks of the SCPI
  • durable partnerships with the SCPI’s tenant operators.

SON PATRIMOINE IMMOBILIER

institutionnelle_3

Le commentaire Atream

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Le commentaire Atream

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Le commentaire Atream

EVERYTHING YOU NEED TO KNOW ABOUT ATREAM HÔTELS

TypeClassique
CapitalOpen-ended
Formation date13/09/2016
Recommended investment period10 years
Maximum authorised capital€40,000,000
Capital as at 31/03/2017€796,000
Minimum initial subscription5 shares i.e. €5000
Available via life insuranceNo
Split ownership rightsNot currently
Subscription fee10% excl. VAT (12% incl. VAT)
Annual management fee10% excl. VAT (12% incl. VAT)
Visa AMF SCPI16-27 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
France%
Zone Euro%

Répartition géographique au 31/12/2016

  • Pays 1
  • Pays 2

Répartition par type d’actifs au 31/12/2016

  • Hôtels
  • Résidences hôtelières
  • Résidences de services
Capitalisation as at 31/03/2017€995,000
Number of shareholders as at 31/12/201624
Number of shares as at 31/12/2016995
Shares pending as at 31/12/20160
Subscription price (net of all costs)€1,000
Withdrawal value900 €
Realisable value as at 31/12/2016ND

INFORMATIONS SCPI

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

ASSOCIATED RISKS

SCPI shares are intended for long-term investment and must be acquired with an aim to diversify the investor’s asset portfolio

Risk of capital loss
Market risk
Liquidity risk
Risk associated with leveraging

In the event of a loan-based subscription: investors’ attention is drawn to the fact that the lack of guarantee of income and capital for SCPIs shall not affect the obligation to repay inherent in a loan. In the event of failure to repay, the shareholder may be forced to sell his shares and will bear a risk of capital loss. Reselling the shares will not necessarily cover the amount required to repay the loan.

NEED HELP?

For explanations of some of the terms used in our explanations, the glossary will help you.

See the Glossary