The fund is designed for professional and qualified investors seeking mid to long-term investment strategies
The investment objective of this sub-fund is to directly or indirectly invest in real estate projects in the Slovak Republic. We focus on the development of office buildings and administrative centers, parking houses and garages, apartments, retail parks and multi-purpose properties.
We are trying to meet the real estate market demand in the growing towns and cities of the Slovak Republic where there is a lack of modern premises available.
The strategy is wrapped up in a closed end sub-fund with an investment period expiring the 31st of December 2024. This period may be shortened or extended up to three years. The fund is designed for professional and qualified investors seeking mid to long-term investment strategies in the area of real estate development *. The investors may subscribe their investments in two closings: First closing date scheduled for 28 November 2019 and the second closing for 30 April 2020.
* The performance of the units depends on the investment policy as well as the market development of the individual investments of the sub-fund and cannot be determined in advance. There is no guarantee that the fund will attain its investment objective and that capital gains will be achieved. When returning units, the investor may not be able to recover the amount originally invested in the fund.
The sub-fund’s portfolio currently consists of INTERPOLIS, a Eur 13 Mio project, which is an A-class office building meeting the highest requirements.
The project is located in the town of Banská Bystrica, which represents the social, cultural and economical hub of central Slovakia. It is a regional center and university town providing comprehensive services to its residents, serving as an essential basis for the stability and prosperity of businesses and the region itself.
The building itself is in an excellent location (close to the pedestrian zone) and includes parking facilities, proximity to public transportation and a nearby exit to the R1 motorway.
The project is already in the developmental phase with an expected deadline of June 2021. It will offer in total 8200m2 of office space and retail areas and 209 parking spaces.