Real Estate Development fund

The Real Estate Development Fund processes land areas and real estate properties by developing new sites, by finding suitable targets in order to change their intended use and by investing in real estate development sites or in projects implementing them. The developments themselves will generally be used for housing. The Fund mainly develops multi-storey buildings for residential use and utilises the RS system which protects the buyer during the construction phase. The Fund seeks to acquire:

• building plots: design and development of own sites,

• conversion sites: professional property development achieves added value and

• participations in cooperation projects