Signing a bilateral promise to sell-purchase for the last property owned within the Mobexpert Homes project.
-The event marks the exit from the mentioned real estate project.
-The investment in this project was of Early Stage type and had an annualized Internal Rate of Return (IRR) of 29.6%.
-The total proceeds from the exit amount to approximately 6.7 million lei (excluding VAT).
The acquisition of the company Poiana SPV 6814 SRL.
-This transaction was concluded in order to strengthen Meta Estate's position in Poiana Brașov, an area of investment interest, and to over-guarantee the investment made by Meta Estate shareholders up to this point.
-The total value of the transaction is 1,251,000 euros.
Alexandru Bonea, Meta Estate Trust CEO:
„The two transactions indicate a dynamic start to the year for Meta Estate Trust, where our team is taking steps to achieve the assumed objectives. Through these transactions, on the one hand, we have capitalized on existing investments when they have reached maturity and obtained attractive returns for investors. On the other hand, since taking over the mandate, both I and my team have been focused on consolidating the portfolio. In this regard, we have sought to secure the company's strategic position in our investments.”
More details HERE.
