Development project - ENEBAKKVEIEN
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BuyBack guarantee in case of borrower's payments delay for more than 60 days.
There is an agreement that SIA Primo Invest issues a loan to Norwegian Company under investment contract dated 08.04.2019 to finance the final stage of development project in Enebakkveien, Norway for the total amount of 620,000 EUR for the duration of 10 months. Overall value of the project is EUR 993 000.
Minsk development project - part 2
BuyBack guarantee in case of borrower's payments delay for more than 60 days.
There is an agreement that SIA Primo Invest issues a loan to Belarus Company under investment contract dated 15/03/2019 to finance the development project in Minsk, Belarus for the total amount of 950,000 EUR for the duration of 12 months. Overall value of the project is Eur 5,500,000.
Development project - Buvika
BuyBack guarantee in case of borrower's payments delay for more than 60 days.
There is an agreement that SIA Primo Invest issues a loan to Norwegian company under investment contract dated 07/03/2019 to finance the development project in Buvika, Norway for the total amount of EUR 4,130,000 for the duration of 13 months. Overall value of the project is EUR 6,200,000.
Development project - PROMENADA
BuyBack guarantee in case of borrower's payments delay for more than 60 days.
There is an agreement to finance the remaining development project part in the amount of 1 400 000 EUR. The project is located in the middle of Brest’s main pedestrian street. And it is the only one AAA class building in this city. After realisation project will be refinanced through participating commercial banks. The commercial part of the building is already leased, and the lease contract is signed with a remarkable apartment hotel and banks.
GRP-1183 Loan for building activities financing to Norwegian developer
BuyBack guarantee in case of borrower's payments delay for more than 60 days.
Loan purpose
The loan has been issued within the framework of an Agreement on provision of financing in tranches with an average term 7 months to a development company (Norway) that provides supplies, assemblage and installation of high quality panel houses, produced in Latvia by an experienced manufacturer.
The purpose of the loan is to finance the building activities of the borrower on a subsequent stage o...
Investing in real estate loans
Besides conventional P2P and P2B loan deals investment platform Grupeer offers a possibility to invest in loans, financing the real estate development projects. We carefully select partners with solid track record in the industry to better serve our investors. We conduct internal evaluation process and due diligence before placing the project on our platform. Additionally, we closely monitor the construction process.
All development projects listed on our platform have solid economic rationale, why they will be successful and usually bring to the cities they are built in something that was needed for a long time. BuyBack guarantee applies to all development projects available for investing on our platform.
If you are a P2P investor, you might also be interested in investing in loans, issued by credit market professionals to businesses. However, if you are more interested in investments with stable income over long period of time, check out our special Grupeer Stability Fund.