Jun 18, 06:33 AM

The two dating to April 2012 in placement participation offers of the Franconia real estate specialists remain PROJECT on July 22, 2013 in sales with the introduction of the AIFM. Bamberg, 17.07.2013. PROJECT has created the base for the new structural requirements of the legislature within the framework of the new investment law (KAGB) with the founding of own capital management company (KVG), the PROJECT investment AG, and will request permission as CCG at the Federal Institute for financial services supervision (BFin) as well as the approval of several new funds. Parallel to this PROJECT extended the placement of its current real estate development funds. Our sales partners possess our successful fund concept in an asset class for investors attractive without gap. And they can offer two funds that are confirmed and invested in 12 or 14 objects, so Wolfgang Dippold, managing partner and founder of the PROJECT investment group. The one time investment funds real values 12 was last in the June 2013 through the once scope with an"A"rated. Extension Fund real values 11 and 12 which specialized on development of high-quality residential properties in selected German metropolitan regions planned to 31.10.2013 this should be expected to October 31 year. "Until then we expect 14 and 15 sales approval by BFin for our successor funds. These continue consistently established and based on pure equity investment concept of the PROJECT group, so sales Managing Director Alexander Schlichting. For more information,
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