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Investment in Development Projects |
We act on behalf of the investor from the moment he first comes to Romania and registeres the SPV till the end of the project and the closure of the SPV. An SPV created on the purpose of one project will be liquidated once the flats of a Development Project in Residential will be sold out. Although the investor will be reinbursed with the invested amount within 18 months from the moment the SPV was created and the projects started, Leader Inv. & Cons. will still be working on the project for at least another 6 monts, in order to finalize the project and close the SPV. We consider that we spend about 3 years in order to close and finalize a project.Our charges are divided as follows:1. We charge on a quarterly bases a fixed amount which is agreed upon with the investors when the Management Mandate is signed. This amount includes the whole administration of the SPV, marketing, tax advice and management of the project. 2. Besides we charge 3% commission on the sales of the surfaces (flats and Parking places). In case the sales is done partially or completely through a Real Estate Agency from Romania, Leader will retrocede the commission to this agency.3. Finally a Succes Fee will be charged. It represents a purcentage of the Gross Margin of the investment and it is established and agreed upon in the Management Mandate.
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