CEIF / Collective investments
GC KORTROS offers different types of closed-end investment funds for a wide range of investors.

Diversification
A CEIF acquires apartments in different projects at different stages of preparedness
Legal protection of assets
The property of a CEIF can not be foreclosed under the liabilities of its fund investor
Tax optimization
A CEIF does not pay the income tax, so it provides the opportunity to reinvest and increase profitability
Intermediate Income
Regular income payments throughout the whole duration of a CEIF
There is no burden of management
When an investor buys participation units in a CEIF, he does not have to manage the acquired assets - purchase/sale, interactions with community services, corporate management in the event of direct investments in capital projects, etc. This is particularly topical for large investors and a large number of projects.
Protection of investors’ rights
Monitoring of operations of the Management Company of a Fund by the specialized depositary and registrar; state supervision over the operations of a Fund by the Central Bank; the strict legislative framework regulating the operations of a CEIF; the ability to control transactions of a CEIF through the Investment Committee of a Fund.
Limited risk
Risks of investors in a Fund are significantly reduced as compared with independent investments in real estate due to the following factors:
  • monitoring of operations of the Management Company of a Fund by the specialized depositary and registrar;
  • state supervision over the operations of a Fund by the Central Bank;
  • the strict legislative framework regulating the operations of a CEIF;
  • the ability to control transactions of a CEIF through the Investment Committee of a Fund.