Biggeorge 10 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 V Circuit Office under the lot number 5th District urban area 24354/4, located at Budapest, 5th District, Petőfi Sándor utca 17, with a total floorspace of 2,356 m2 (hereinafter the Property).

The Fund intends to build on this land, under the name ‘Emerald Residence’, 69 apartments, 6 hospitality and retail units, approximately 900 m2 telecommunication offices and antenna positions on the roof, a 3* superior boutique hotel with 99 rooms, 16 storage units and 12 parking spaces, as its own investment with the proviso that during the implementation of the Project the number of units to be sold for individual purposes may change.