Munich June

With the well-thought-out design of the direct investors profit from the lucrative INVEST Poland and profitable investment opportunities in the heart of Europe. You participate directly in the positive development of the Polish market of real estate – commercial and residential real estate in the emerging Polish Middle centres. Investment: The Fund invests in a portfolio of development projects with a focus on Handelsimmobiien. For this purpose, project companies in Poland are founded. These are established in the legal form of a GmbH & co. KG under Polish law.

Investments are made together with the ST project as a co-investor or any other other investors, but always as a majority investment. An initial investment in four Polish project companies, which carries out real estate projects in Poland is planned. The investments in the development of projects are repaid not continuously, but due after sale. The assessment: Using the benchmark analysis of the INVESTMENT Fund experts summa arises a very good assessment summary. The Fund is the only one of its kind, which invests in Polish commercial real estate and project development. Through the experience of the Characters and the financial partner of LBBW is a solid background with double digit profit forecasts. Due to the above on-site research in Poland and the analysis of the parameters of the Fund is the Fund for an international experienced and diversified international investor very interesting.

The INVESTMENT editors judged the Elbe Fonds GmbH – directly invest Poland 2 with very well. Reason: In a selection procedure the editorial takes the promoters under the microscope: experience, financial background, investor friendliness, placement power and balance are the criteria for the initiators-rating, as well as the evaluation of their fund products. The INVESTMENT ratings have an even more important than the magazine within the meaning of the case-law of the Bundesgerichtshof required reading for investors, bankers, consultants, asset managers, and all at the mediation of investments should be involved. Assumes the Supreme Court (decision of the 13.01. 2000) the INVESTMENT is required reading for the above persons: both the investment advisors, bankers, as also the investment intermediaries with special trust relationship with its customers, investors, must necessarily all reports in INVESTMENT compared to its clients, the investors or investors without asking and unsolicited reveal, experts comment on the relevant legislation. The BGH expects the investment advisors, that he is the prospectus documents on information gaps and internal consistency checked. in addition obliged constantly to evaluate INVESTMENT as trade publication. The investment advisor must themselves by hand to obtain the relevant information. A consultant and broker violates his duty of care, shall be liable to 10 years for violations of the Erkundigungs – or disclosure. It involves constant case law, as demonstrated by numerous decisions (see e.g. BGH 6.7 1995, 17.10.1989, OLG Thuringia 10/29 1997, OLG Munich June 19 1996, OLG Dusseldorf 30.03 1995, (6.6 1992).) INVESTMENT readers are in the target group of real estate decision makers and the high To find net worth individuals (HNWIS s). The so-called HNWI s have more than EUR 1 million available. Focus on this target group and the so-called ultras (ultra high net worth individuals) with more than EUR 30 million assets are also customers of the magazine INVESTMENT (the original). Below you will find the explanation of the independent Fund-rating of INVESTMENT (the original).