Fund Sustainability

Sustainability driven properties show impact

ERSTE RESPONSIBLE IMMOBILIENFONDS is a fund that focuses on sustainability and invests in properties that meet at least the klimaaktiv “Bronze” standard.

All properties go through a detailed assessment process which checks environmental compatibility, social impact and economic efficiency.

But these three factors cannot be assessed separately, so they are considered together.

Environmental Criteria

This aspect focuses on the environmental sustainability of individual properties and projects. In addition to the environmental compatibility of certain materials, the energy supply is also evaluated in terms of its environmental performance and economic efficiency.

Social Component

The social component describes how a building affects its users and its surroundings. In short: it’s where people should feel comfortable. What matters is not only that the property is attractively designed and meets the needs of the residents. Social interaction, leisure opportunities, transport links and infrastructure are also important.

Economic Sustainability

The economic efficiency of the building itself is another important pillar of the comprehensive sustainability concept.

It is desirable for a property to have a long useful life in order to preserve its value and generate returns over the long-term.

Particular value is placed on a property having different usage options. This means it should be possible to adapt the building design to satisfy a different purpose with a minimum of alterations.

Every investor has to answer a fundamental question: Do I invest in the world as it is today? Or in the world as I would like it to be?

Our approach is based on the belief that real estate which adds social and environmental value will also be economically successful in the long term.

This is why we invest in public and social facilities – for example, student accommodation, educational buildings and research facilities, nurseries and schools as well as official and municipal buildings.

A Fund with Social Impact

Life expectancy in our society is increasing, and so are the demands on public facilities. Often, it is no longer possible to meet this increasing demand through public funds alone.

This is why healthcare facilities, medical centres, retirement homes and care homes are also becoming more important.

This is where ERSTE RESPONSIBLE IMMOBILIENFONDS comes in. The fund makes targeted investments in properties that address social and ecological challenges in Austria.

Concerning investment decisions many investors take ecological and ethical standards into account. The ERSTE RESPONSIBLE IMMOBILIENFONDS was awarded the Austrian Ecolabel - a state seal of approval for "sustainable financial products" that invest in accordance with ecological and ethical-social guidelines.

ERSTE Immobilien KAG's sustainability criteria are an additional basis for decision-making. All properties are examined in detail with regard to their social benefit, their environmental compatibility and economic efficiency. So much more than a return arises from such an investment.

The ERSTE RESPONSIBLE IMMOBILIENFONDS is interesting for investors who want to support a sustainable orientation in environment and society with their investment.

Investments are made in both fully built and rented properties as well as projects. Only Austrian property is acquired, i.e. tangible assets that are located “on our doorstep”. The aim of ERSTE RESPONSBILE IMMOBILIENFONDS is to establish a broadly diversified, sustainable property portfolio and to generate solid yields.

Austrian Eco label

The company

Advantages for investors

The real estate fund is an investment in tangible assets (land).
Real estate funds generally have a lower correlation with stock markets, as their returns primarily come from real estate.
As an addition to existing portfolios, the real estate fund provides an opportunity for long-term asset building.
The sustainably focused fund invests in the residential sector as well as in social and public infrastructure properties only in Austria.
The investment usually offers protection from inflation. This is because rents are normally adjusted for inflation.
Suitable for regular investments with small amounts of money – with the s Fonds Plan.
The real estate fund is suitable as security coverage for Austrian pension reserves (102.00 euros per share).
The real estate fund is suitable for the assessment of the investment-related profit allowance.

Risks to be considered

Real estate values may fall and have a negative effect on fund performance
Tenants may vacate, and properties or parts of properties may stay empty.
This development can result in lower income as well as the suspension of payouts
Investing in real estate funds may also result in a capital loss.
The issue and redemption of shares may be suspended in exceptional circumstances.
Redeeming shares is still possible at the daily calculated value. ImmoKAG may amend the fund regulations so that a minimum holding period of one year and a redemption period of a further year (in addition) apply to redeeming share certificates.
This could increase the risk of price changes. This is because the share value may, at the time of the irrevocable declaration of redemption, fall below the cost price or below the share value during the period until the share certificates are actually redeemed.
Due to legal requirements, the minimum holding period and the redemption period for all share certificate holders will come into force on 01/01/2027 at the latest.
The recommended holding period is at least 5 years.
Investing in real estate or real estate funds should be seen as a long-term investment.

Important legal information

This document is an advertisement. Unless otherwise stated, the source of the data is ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. The language of communication at the sales offices is German; English is also used as a language of communication at ERSTE Immobilien Kapitalanlagegesellschaft m.b.H.

The “Information for Investors pursuant to Article 21 AIFMG” is prepared for the alternative investment funds (AIF) administered by ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. pursuant to the provisions of the Alternative Investment Fund Managers Act (AIFMG) in conjunction with the Real Estate Investment Fund Act (ImmoInvFG) and is published on the website at www.ersteimmobilien.at.

The latest versions of the prospectus, the “Information for Investors pursuant to Article 21 AIFMG” and the Key Information Document can be found on the website at www.ersteimmobilien.at under “Mandatory publications” and can be obtained free of charge by interested investors at the offices of ERSTE Immobilien Kapitalanlagegesellschaft m.b.H., Am Belvedere 1, 1100 Vienna and at the offices of the depositary bank, Erste Group Bank AG.

The exact date of the most recent publication of the prospectus and the “Information for Investors pursuant to Article 21 AIFMG”, the languages in which the Key Information Document is available and any other places where the documents can be obtained are stated on the website at www.ersteimmobilien.at.

Note: You are about to purchase a product that may be difficult to understand. We recommend that you read the above fund documents before making an investment decision. In addition to the places listed above, you can obtain these documents free of charge at the offices of the referring Sparkassen bank and the offices of Erste Bank der oesterreichischen Sparkassen AG. You can also access these documents electronically at www.ersteimmobilien.at.

Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation, experience and knowledge, investment objective, financial position, capacity to sustain loss and risk appetite. Past performance is not a reliable indicator of the future performance of a fund.

Please note: Investments in securities entail risks in addition to the opportunities presented here. The value of shares and earnings can rise and fall. Changes in exchange rates may also have a positive or negative impact on the value of an investment. For this reason, you may get back less than the amount you originally invested when you redeem your shares.

Anyone who is interested in purchasing shares in real estate investment funds is advised to read the current fund prospectus(es) and the “Information for Investors pursuant to Article 21 AIFMG”, especially the risk notices they contain, before making an investment decision. If the fund currency is different from the investor’s home currency, changes in the relevant exchange rate can positively or negatively influence the value of the investment and the costs associated with the fund in the home currency.

We are not permitted to offer, sell, transfer or deliver this financial product directly or indirectly to natural or legal persons whose place of residence or domicile is in a country where this is legally prohibited. In this case, we may not provide any product information either.

Please see the corresponding information in the fund prospectus and the “Information for Investors pursuant to Article 21 AIFMG” for restrictions on the sale of the fund to American citizens.

It is expressly noted that this communication does not provide any investment recommendations, but only expresses our current market assessment. Therefore, this communication is not a substitute for investment advice.

This document is not a sales activity by ERSTE Immobilien Kapitalanlagegesellschaft m.b.H., Am Belvedere 1, 1100 Vienna, and therefore may not be construed as an offer for the purchase or sale of financial or investment instruments.

ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. is affiliated with the Erste Bank and austrian Sparkassen banks.

Please also read the “Information about us and our securities services” published by your bank.

Imprint

Media owner and publisher: ERSTE Immobilien KAG, Am Belvedere 1, 1100 Vienna

service@ersteimmobilien.at / www.ersteimmobilien.at / Place of publication: Vienna

Fund Sustainability

Sustainable Focus. Social. For us all.