Starting today, Dr. Peters Asset Finance GmbH & Co. KG Kapitalverwaltungsgesellschaft, a company of the Dortmund-based Dr. Peters Group (Dr. Peters), is allowing qualified private and institutional investors to participate in the DS 140 Flugzeugfonds XIV geschlossene Investment KG (DS 140 KG) with a minimum subscription amount of EUR 20,000.

DS 140 KG allows investors to participate in the “aircraft” mobile, real-value asset investment class and the growing A380 market. AIF invested in an A380 aircraft that has already been consigned to future lessee Société Air France S.A. (Air France). AIF will take over the aircraft as scheduled in November 2014; the lease agreement simultaneously begins with Air France and runs for a minimum term of ten years, with three additional options to extend the agreement for a total of 7 years. Air France is to return the aircraft in “full-life condition” following expiration of the lease agreement.

This marks the first time that Dr. Peters, the market leader in the field of aircraft funds, is offering a mobile real-value asset within the scope of the new regulations. For the first time, the provider of the product is Dr. Peters Asset Finance GmbH & Co. KG Kapitalverwaltungsgesellschaft (KVG), which received authorization in April 2014 to operate as an external investment management company from the German Financial Supervisory Authority (BaFin). The KVG has thus fulfilled the extensive new requirements of the new German Capital Investment Code (Kapitalanlagegesetzbuch, KAGB) and is responsible for the portfolio and risk management for the AIF, among other things. It is the ninth A380-800 to be financed from an aircraft fund from the Dr. Peters Group. All A380 funds to date have paid out at least the amounts forecast.

The AIF has an investment volume (including premium) of EUR 182.16 million. The share of borrowed capital in the amount of EUR 99 million has been provided by two international banks and is scheduled to be completely amortized when the initial lease term expires in 10 years. Initial plans call for annual 6.25 percent payouts from equity capital in the amount of EUR 79.2 million. In all, payouts of around 180 percent before taxes are forecast across the entire term up to 2027. The forecast revenue from the sale of the aircraft included in this forecast is based on two external and independent appraisals.

Anselm Gehling, CEO of the Dr. Peters Group: “With DS 140 KG we are offering investors a proven fund concept for the first time under the new regulations of the German Capital Investment Code (Kapitalanlagegesetzbuch, KAGB). As a leading German provider of real-value investments, it was especially important to us to implement the new regulatory requirements in their full scope and thus to ensure optimum protection for investors. As a result, DS 140 KG offers qualified investors an investment option that provides a solution to the challenges of the low-interest environment.”