What enables béton Capital to offer its investors a fixed interest rate of 6% is above all its much higher gross yield, which enables it to generate a comfortable operating margin, but what is it made up of? 

Gross return is Béton Capital's return before interest payments to its investors and other operating costs: 

Gross return = income / investment

Investments 

Capital expenditure includes all investment-related costs, including but not limited to: 

• Purchase price
• Costs associated with the purchase
• Estate agent commissions 
• Work 

Revenues

Income includes all operating income from the property portfolio after deduction of operating costs, such as :

• Rental income
• Plus resale value
• Tax and service charges

Parameters deliberately ignored 

In this calculation, we deliberately do not take into account changes in the value of our property portfolio, as this is neither reliable nor real until the property is sold. When a property is sold, any capital gains or losses are added to income. 

In concrete terms

In 2021, Béton Capital's gross yield was 13.4%.

This return guarantees the payment of interest to investors and enables the company to develop its activities by financing the acquisition of new properties and work to improve the value of existing properties.