Impact Investing Bond Logistics in CHF Logistics project Dutch Fresh Port, Ridderkerk II

Major national and international companies such as The Greenery, Bakker Barendrecht, Hillfresh, Van Oers, Olympic Fruit and Van Gelder Groente & Fruit make the Dutch Fresh Port Ridderkerk, the largest agri-food cluster in the Netherlands. Today, 25% of Dutch produce exports are traded in the Dutch Fresh Port, which is near the port of Rotterdam. The industrial park's future-proof energy and sustainability concept relies largely on self-generation of electricity by means of on-site wind turbines and photovoltaics. It also includes a central energy management system to balance supply and demand. A fibre optic network ensures fast communication within the industrial park itself and high-speed connections to the outside world.

The project is being developed in line with Necron's sustainability strategy and the Dutch Fresh Port sustainability concept mentioned previously. Key features include a highly insulated building shell, a large-scale photovoltaic installation on the roof and a high efficiency electrically powered refrigeration system,which can be integrated into the energy management of the industrial park. Fossil fuels such as natural gas are not used.

The predecessor project RIDDERKERK I was also built by Necron, and was handed over to both the tenant and the buyer in spring 2022.

Necron is committed to responsible, sustainable project development and uses BREEAM. RIDDERKERK II is developed and certified according to the requirements of the BREEAM 4-star level "Excellent".

Qualified investors are invited to participate in the financing. They will be offered a coupon of CHF 6.0%, EUR 6.5%, USD 7.0% per year, with a maximum term of 18 months and a minimum term of 14 months.

With effect from the date of completion, the RIDDERKERK II logistics centre was sold to an European institutional investor.

• Registration of a real estate lien in the amount of the issue volume in favour of the note holders on the unencumbered property; and
• pledge of rental income receivables until transfer of title; and
• in the event of payment of the purchase price before repayment of the note, pledge of the purchase price claim in the amount of the issue volume.

• Sustainable project with BREEAM Standard "Excellent" in an outstanding location
• Extensive guarantees and collateral in favour of note holders
• Low-risk real estate project
• Long-term lease in place
• Logistics centre sold per completion date
• High equity share of 24.4%
• Regular interest income
• Fixed return