Real Estate Funds Administration Services

In compliance with the Ministry of Investment's Decree (#167) issued in July 2014, Servfund offers the following administrative services bouquet for Real Estate Funds

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• Keeping all documents related to the fund assets specifically the following:

-Real Estate assets and lands ownership contracts

-Fund asset management contracts

-Administrative licenses and permits needed to launch projects carried out by the fund

-Loans and mortgages contracts related the fund assets and all contracts related to the fund activities

-Investment committee decisions of the fund manager

-Daily Valuation Report

• We carry out a periodical valuation each 3 months at least based on a report made by two real estate assets valuation experts working independently in order to:

-Identify market status

-Identifying a guiding price for the sale of ICs

-Selling assets based on the valuation report  

-Identifying projects progress, real cost, and the market value of the assets during the project period.