REIF (Real Estate Investment Fund) is designed and implemented by CFS as an analogue of Real Estate Investment Fund - first of a kind in Georgia. Participation in REIF is an opportunity for a wide spectrum of investors willing to invest in rapidly growing real estate market in Georgia. REIF is incorporated as an independent legal entity and is managed by CFS under its Asset Management business line subject to management agreement.
Equity participation in REIF is determined by the market price of 1 square meter in a predetermined real estate (AXIS Palace) which at the launching of the project was fixed in the range of 850 USD. The return will be proportional to the growth of the real estate market prices. However, this investment product is protected against the decline or no increase of the real estate market prices in the form of the guaranteed return of 22% over the investment period (two years) provided by the seller of the real estate (Axis).
