Investment Funds

BIGGEORGE 16. REAL ESTATE DEVELOPING REAL ESTATE INVESTMENT FUND

INVESTMENT POLICY

The Fund intends to purchase the property registered in the Budapest Capital Government Office Land Registry Department District XI Circuit Office under lot number District XII, urban area 8395/4, classified as uncultivated, unbuilt area, located at Budapest, District XII, Németvölgyi út 41.-45, with a total floorspace of 8,068 m² (hereinafter the Property) from Biggeorge 4. Real Estate Development Real Estate Investment Fund, also managed by the Fund Management Company, at the price reflecting the market value established by the valuer of the Fund.

The Fund intends to build on the property, under the name of ‘Németvölgyi Residence’, 46 apartments, 52 storage units, and 70 parking spaces, as its own investment.

The Project location is ideal, as the property is situated in a popular part of one of the highest-prestige Budapest districts, which combines the inner Buda city and mountainous features. The infrastructure in the area is excellent. Hegyvidék Shopping Centre, MOM Park, many small shops and restaurants and a number of Hungarian and international schools and kindergartens are in the area. The Project is easily accessible via public transport. The stops for buses 112, 212 and 105 are only a few minutes’ walk away. The mountainous surroundings and the large green zones offer a liveable space to the residents of the Project. The individual buildings on the sloped land can be accessed from two personal entrance gates from Németvölgyi út. The buildings were designed with a focus on construction that fits in the surrounding area and provides a comfortable spatial feeling with a large, unbroken surface inner garden and the orientation of the residential units towards inner gardens and, on the upper floors, the city panorama. There is no car traffic on the ground in the park. All vehicles are parked in interconnected underground garages that were built with separate structures and are accessible through a common gate from Németvölgyi út. The bicycle store rooms allocated to units and waste collection points as well as the engineering rooms are situated under the connecting ground floor and in the underground garage, making use of the sloped land.

The Fund’s aim is to achieve capital appreciation.

The Fund is a closed-end fund.

The Units will be issued and placed privately, in accordance with the Capital Market Act rules on private placement.

Potential investors: retail and strategic investors, on condition that Series "A" units to be issued by the Fund may only be subscribed for by investors who buy at least EUR 100,000 worth from the offered securities each, while Series “B” units may only be subscribed for by individuals stated in the annexes of the Management Policy. The amount specified in EUR must be converted using the official foreign exchange rate published by the MNB as applicable on the date of the decision concerning the distribution.

Maximum and minimum placement volume

The maximum and minimum placement volume shall be identical for each series.

For series “A”: HUF 724,000,000

For series “B”:  HUF 181,000,000

ISIN code OF BIGGEORGE 16 REAL ESTATE DEVELOPMENT REAL ESTATE INVESTMENT FUND CLOSED-END UNITS

IN THE “A” SERIES HU0000721055

ISIN code OF BIGGEORGE 16 REAL ESTATE DEVELOPMENT REAL ESTATE INVESTMENT FUND CLOSED-END UNITS

IN THE “B” SERIES HU0000721048

Both series “A” and series “B” Units are created as dematerialized securities by KELER Zrt.

Face value of series “A” Units: HUF 100 i.e. one hundred forints.

Face value of series “B” Units: HUF 100 i.e. one hundred forints.