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BCR Sociedad Administradora de Fondos de Inversión S.A.  

Real Estate Development Fund

Who Benefits?

Only to institutional investors, that is, financial and securities intermediaries, international organizations, investment funds, pension funds and trusts that operate as investment or pension funds, and to sophisticated investors, both national and foreign, with medium to long term investment horizon who want to participate in a portfolio of real estate development projects in various stages of design and construction.

Investment amount

Nominal value of participation $1.000

Income Distribution

After deducting incurred expenses, reserves, and applicable taxes are paid by the Fund, it will distribute net income resulting from liquidation of real estate development projects, including gains and losses arising from such sale as well as rents generated by property portfolio of leased in the process of placement, as well as income from securities and dividends on acquired shares; such distribution shall be made if there are profits to be distributed at Fund level, based on audited financial statements.

Income distribution must be made within 45 working days as of liquidation of the real estate development project.

Investment Policies

See in each Prospectus.

 

See Prospectus Spanish

 

 

Telephones:  2520-8111 / 2520-8104
Fax:  2291-2500 / 2291-2502
E-mail:  bcrfondos@bancobcr.com

 



 
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