Project update

Update from the originator:

The originator informs you that Estudio Gremial Inversión SLU ( Groinversia ) has proceeded to the early amortization and has made the payment of interest and return of the principal corresponding to the Casa de Sant Marià 12 project; thus closing the cycle of opportunity.

The promoter has made the return of the investment plus the payment of interest 10 days in advance of the forecast (it was scheduled for April 22, 2021).

We remind you of the details of the project:

Fixed interest loan 7.41% final real return * vs 7.5% expected return

Real Annual Return 9.42% vs 9.10% predicted APR

Payment at maturity

Project term 9 months and 20 days

Update from the developer:

The developer continues with the reform of the Sant Marià 12 opportunity, the developer's team of industrial professionals practically work has been completed to obtain an excellent
reform, applying the best qualities to obtain a quality property.

The property is sold and in the next few weeks, we will sign the sale before a Notary.

What did the developer do in the reform?

Floors and walls
• Generic: Imitation wood porcelain stoneware flooring.
• Tiled walls in kitchen and bathrooms.
• Ceiling of wooden beams with exposed ceramic inter-beams.

Carpentry
• White lacquered interior doors.
• Exterior carpentry in aluminum with RPT and double glazing.

Kitchen room
• White lacquered furniture with integrated handle.
• Silestone countertops, Noka model.
• Extractor hood integrated into the furniture, oven and induction.

Faucet
• Single-handle faucet.
• Shower columns.

Facilities
• Junk switches.
• Split type air pump climate control.
• DHW with 100L thermo accumulator.

A new document containing pictures of the progress has been added.

Update from the developer:

What has the developer done so far?

Pavements and walls
• Generic: wood-imitation porcelain stoneware flooring.
• Tiled walls in the kitchen and bathrooms.
• Ceiling of wooden beams with exposed ceramic inter-beams.

Carpentry
• White lacquered interior doors.
• Exterior carpentry in aluminum with RPT and double
glazed.

Kitchen
• Lacquered white furniture with integrated handle.
• Silestone Noka model worktop.
• Extractor hood integrated into the furniture, oven and induction.

Faucet
• Single-handle faucet.
• Shower columns.

Installations
• Junk switches.
• Split type air pump climate control.
• DHW with 100L thermo accumulator.

A new document has been added with pictures of the progress.