Investment Funds

Biggeorge 11 Real Estate Developer Real Estate Investment Fund

Real Estate Portfolio

The Fund purchased the real estate registered by the Government Office of Municipality Budapest, Office District XI as Budapest District XII Residential Area topographical number 8395/3, physically located in Budapest District XII, Stromfeld Aurél utca 29-33, classified as uncultivated and undeveloped area, with a total floor area of 8,583 m2 (hereinafter referred to as Real Estate).

The Fund intends to build 41 apartments, 25 storage rooms, 69 parking spaces on the above-mentioned real estate under the name “Németvölgyi Residence” (hereinafter referred to as Project).

The Project disposes of the approval of the District XII design jury and an application for building permit has been submitted.