Frequently asked questions
Romanian country report

If you want full details please click to contact us for a copy of the Investment Memorandum

This has been published by Homes in Romania (UK) Limited, an introducer appointed representative of LLP Services Limited, authorised and regulated by the Financial Services Authority in the United Kingdom. This website has been approved as a financial promotion by LLP Services Limited. The Fund is a cell of a protected cell company incorporated in Guernsey called the LLP Property PCC Limited.

Update

The raise period for the Romanian Eagle Land Fund closed on 11^th January 2008. For further information on the progress of the fund please click on the Fund Progress tab at the top of the page or for information on future funds please go to the contact us page, enter your details and one of our advisers will contact you.

What Is

The Romanian Eagle Land Fund?

retail investment fund

The Romanian Eagle Land Fund is the first retail investment fund of its kind.

real estate

Perhaps the most exciting real estate investment vehicle on the market today, it gives you the opportunity to

invest in Romania

buy land

invest in Romania’s booming land and property market without the need to actually buy land or property yourself. Boasting a high growth real estate market driven by new EU membership and a basic need for housing, Romania is perhaps one of the best investment markets for land and property in Europe. The Romanian Eagle Land Fund offers UK investors the opportunity to pool resources with others to invest in this exciting market over a 3-year life cycle.

Our Mission

Romanian real estate

To provide UK investors access to the returns normally only achieved by locals in the Romanian real estate sector in a safe, transparent way.

Important Risk Warning

investment in the Fund

This is a high-risk investment and Shareholders may lose a substantial part or even all of the money they invest in the Fund. An investment in the Fund is, therefore, suitable only for financially sophisticated investors who are capable of evaluating the risks and merits of such an investment, and who have sufficient resources to bear any loss that might result from such an investment. If in doubt, you must consult a professional adviser authorized under the Financial Services and Markets Act 2000 who specializes in advising on the acquisition of Shares and other securities. Such an investment should be seen as medium term in nature.

There can be no assurance that the Fund will achieve its investment objectives. Past and current performance does not imply that future trends will follow the same or a similar pattern. Assumptions made in this document may not be achieved. Shareholders may not get back the full value of their investment, and in certain circumstances Shareholders could lose all of their investment.

The Fund is a cell of a Guernsey protect cell company called The LLP Property PCC Limited.

It is envisaged that the Shares of the Fund will be listed on the Channel Islands Stock Exchange ('CISX'). Whilst the Directors hope that the proposed listing may provide a means by which investors may sell their Shares before the expiry of the Fund, there is no guarantee that the Shares may be sold of if it is practicable that the sale price were to reflect the net asset value per Share of Shares in the Fund.

Romanian property

Romanian properties

The Fund will be trading Romanian property and plots of land. Romanian properties are viewed as a higher-risk investment and of a less liquid nature than opportunities in Western Europe. There is a risk that planning consents are not obtained or delayed significantly or granted subject to conditions. Any future downturn in the Romanian property market could materially and adversely affect the value of the properties. The Fund may borrow up to five times the equity capital invested in the Fund. In a falling market, this level of borrowing materially increases the risk of loss of investors' capital.