Global Emerging Property Fund

repaying

Global Property Fund (the Fund) will be a real estate private equity investment vehicle pursuing long-term gains through investing in development and completed real estate primarily in Romania, Bulgaria, and Serbia and Montenegro, with aggregate capital of EUR 70-100 million and a possible second closing of up to EUR 150 million. The strategic input of the Bank is essential in various aspects: A special purpose vehicle, organised under the laws of Jersey, managed by Global Finance, a reputable Greek private equity and venture capital management firm with over EUR 400 million under management and offices in Greece, Bulgaria, and Romania. Equity investment of up to the smaller of EUR 30 million or 30% of the total Fund commitments. Up to EUR 150 million. Screened FI. Due diligence has confirmed that the Fund Manager has the necessary commitment and experience to implement the Bank’s environmental requirements. The Fund will be required to implement the Bank’s Environmental Procedures for Property Fund across all its operations to conduct environmental due diligence and monitoring of each sub-project, to ensure that each sub-project complies with relevant national and EU environmental, health and safety standards and requirements and to submit annual reports on environmental, health and safety issues to the Bank. None. Mr Theodore Kiakidis, Investment Director Global Finance S.A. 14, Filikis Eterias Square 106 73 Athens Greece Tel: ++30 210 812 4500