The OLIMP Group is a professional player on a real estate market. The Group includes finance company and asset management company. Both companies have a license to perform operations on a stock market, manage assets and raise funds from businesses and individuals to carry out real estate transactions.
So far, many Developers seek an alternative to mechanism for selling real estate units under construction. The optimal mechanism for Developers shall meet the following criteria:
• Legality;
• Minimum tax consequences;
• Quick implementation of the mechanism;
• Minimum expenses in the course of mechanism implementation;
• Flexibility of the mechanism;
• Buyer’s perception
Use of financial instruments in construction sector including 3 types of securities (forward contracts, option certificates and bonds) is the mechanism that best meets all criteria.
Benefits for a Developer:
• The legislation provides the basis for the use of securities in raising funds for a construction project through a Venture fund;
• The minimum cost to implement a model;
• No need for registration of complex financial instruments and notarization of transactions;
• No control over the use of funds;
• Availability during construction and after commissioning.
Benefits for a Buyer:
• Exceptional and pre-emptive right to acquire an apartment;
• A risk of double selling is excluded;
• Availability of the Exchange which keeps a record of securities owners;
• A direct contractual relationship between a Buyer and a Developer;
• An ownership of the apartment is registered in the name of the Buyer.
The Olimp Group has 17 years of experience. The Group and its partners sold more than 50 construction projects. It has the knowledge and tools for selling construction projects.
By contacting us you will receive a professional approach and European quality system. We will also provide an optimal mechanism and the best tools for project implementation.
The results of the SC “OLIMP” activities always justify confidence of customers.