In this post post August 18, 2011, I told you to buy shares of Scpi Pierre 48, since it warantees a revaluation of its share from 1035 Euros to 1135 Euros, which is 9.66%.

The excellent news is that beginning of 2012, the cost of the share will be:
– 1,139 (4) Jan 1,
– 1,143 (4) Feb 1,
– 1,157 (14) March 1,
– 1,171 (14) April 1,
– 1,185 (14) May 1,
– 1,199 (14) June 1.

an extra increase of 5.64% guaranteed for 6 months.

For the second half 2012, nothing was announced but it will likely follow the same increase trend

For the those who bought in August this is a rise of 1199/1035 = 15.84% …

Pretty good for one free advice.

While being able to sleep on his 2 ears.

You know thru my articles that I am extremely cautious about the housing market (which is different from commercial real estate offices or REIT performance), because I think it will fall.I might be wrong but it’s my intuition.

But the model of Pierre 48 is different:
Essentially the Scpi bought 50 what’s valued 100 …
ie leased property under the law in 1948, so significantly discounted.
But as this regime isn’t movable, when the building ends up out of the 1948 law, leases revert to normal, and the building finds back its market value.
It is just a matter of time.
At the individual level there is a risk if waiting a very long time, but on the whole portfolio of Pierre 48, statistically annually some of the properties get back to their market valuation, allowing an appreciation of the part, and sometimes special dividends for thesale of one property.

It’s far way better to buy 50 what’s valued 100, rather than buying 100 what is valued 50, like Scellier.
And whether or not the real estate dropped for instance, to 80, there is a safety margin, and Pierre 48 could then buy 40 what is valued 80…

The outcome of Pierre 48 since its formation in 1996 shows the relevance of its smart model, even in an economic crisis.
It’s simple I don’t know up today any investment which has reported so much with such a peace of mind.

Attention, see this investment as a medium term investment, because you must take under consideration the discount of 8.29% before tax (that’s 9.91%tax included) when you resale the shares

To take advantage of Pierre 48 and its 5.64% guaranteed for the first 6 months 2012, please complete the application form and follow the directions.

To learn more about SCPI, come visit the CGPI internet site and it’s page about SCPI