Company
BEM-Flemish Construction and Investment Company NV
For example
A developer plans to develop a real estate project in a country
of Central or Eastern Europe at a total investment cost of 10 million
euro.
- The banks are prepared to lend 7 million euro.
- The required equity thus amounts to 3 million euro.
- The developer is ready to contribute 1.6 million euro.
In that case it is certainly worth considering calling on BEM.
BEM can provide up to half of the required equity.
|
|
This implies that in our example:
- the developer’s own contribution can be limited to 1.6 million euro;
- BEM can provide the remaining 1.4 million euro.
| Required equity |
|
€ 3 million |
| Contribution of the developer |
€ 1.6 million |
|
| Contribution of BEM |
€ 1.4 million |
|
Bank loan
Development cost |
|
€ 7 million
€ 10 million |
|
