InvestiX Update on Covid-19

March 31, 2020

Dear Investors, Shareholders, and Partners of InvestiX Germany,

We hope that you and your families are safe and healthy during these extraordinary times of the Covid-19 pandemic. We would like to inform you about the measures we are taking to manage the current situation at InvestiX and minimize the risks to your investments.

Ongoing Business Operations at InvestiX

Thanks to our comprehensive digital systems, we are able to monitor real estate, financial data, and tenant activities online. Since March 17, all of our employees have been working remotely. This remote work is planned to continue until April 19 for now. The well-being of our employees is our top priority, while we continue to ensure that our properties, tenants, and clients are well taken care of.

Response of the German Government to Covid-19

To support the economy, the German Bundestag has approved a financial aid package of 750 billion euros. The goal is to limit damage, protect jobs and businesses, and ensure the operational capacity of the healthcare sector. The assistance is intended to be provided quickly and efficiently.

Are My Real Estate Investments in Germany Safe?

Residential real estate continues to prove itself as the most resilient form of investment during the crisis. As long as the German government financially supports businesses and the unemployed, rental income remains stable. This is the top priority of our business model.

Assessment and Mitigation of Investment Risks

A new policy has been implemented to protect tenants, limiting evictions for unpaid rents from April 1 to June 30, 2020. Our Property Management team is thoroughly informing tenants and assisting them as needed. Thanks to government support, we do not expect significant losses in rental payments. However, we see renting out vacant properties during the shutdown as a potential issue.

What’s Next?

We hope the situation will improve over the coming months, and we remain determined to achieve the best possible outcomes for our investors. We will continue to keep you informed about all relevant developments.

At InvestiX, we are confident that we will emerge from this crisis stronger and well-prepared for growth.

Stay safe and healthy,

Marco Knoblauch & David Healy
Managing Partners