TERMS
AND CONDITIONS
The property portfolio will
be acquired in the name of Romland
Prop Invest SRL, as land acquisition
legally has to be with a Romanian
entity. The company will solely
owned by the offshore company
established by the investors
in the fund.
Gian Sharp is the managing director
and sole director of this company.
This will allow speed and efficiency
in acquiring land and property.
The company along with all trading
activities will audited annually
by PWC accountants. All transactions
will be posted on the company
internet site with relating
financial documentation.
The advice on acquisition
/ development and management
of the portfolio will be carried
out by a body comprising of
experts. This body will charge
on a self funding commission
only basis of 15 % of the profit
on any sale of land or property.
The profits from each project
will be re-invested and the
cycle repeated through the five
year cycle for the investor.
At the end of 5 years an assessment
will be made and options to
take the term dividend, or withdraw
original amount invested plus
dividend, or extend the investment
for a further term.
No annual dividends
will be paid from this investment;
the growth projected is calculated
on the assumption of a 5 year
term. Therefore your initial
investment is effectively locked
in for this period. Due to the
early withdrawal may be considered
only after three years, but
would involve an early withdrawal
penalty of 5% of investment
value.
Investor
Options
This investment opportunity
is designed for small individual
investors with an option to
invest EUR 10k or multiples
of 10k upwards in a new and
exciting business venture. The
advantage of a group of investors
is that the company can acquire
a portfolio of real estate spreading
the risk and providing optimum
returns.
The cost of entry into this
venture is 3.0 %. This cost
will cover company set up costs
and any surplus will be put
against future costs / accounting
fees etc.
Audit costs and any additional
costs (legal / company maintenance
costs etc) will be charged directly
to the fund. This is transparent
and effective.
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