Project update

Update from the originator:

• The originator plans to keep this property long-term, as the property is well secured with a good rental contract for the next 7 years period and has a great potential for capital growth!
• So far everything has been going smooth with this property, there have not been any issues with the tenant or rental payments.
• The new appraisal report will be conducted in Q1 2021. The new appraisal report will change the shares book value.

New register document attached to the project's documents section.

2020 Q2

• Until the property was fully funded, the monthly rental payouts were proportional, based on the days' user was invested in the previous month.
• Until the property was fully funded, Reinvest24 did not take any management fees.
• Reinvest24 plans to keep this property long-term, as the property is well secured with a good rental contract for the next 8 years period and has a great potential for capital growth!
• COVID19 lockdown had no effect on rental income!