Investment Funds

Biggeorge 16 Real Estate Developer Real Estate Investment Fund

Real Estate Portfolio

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.