On 20 May, 2020 RF CorVal withdrew from a preliminary conditional sale agreement concerning BUMA Group’s operating businesses and, acting through its representatives on the management board of the general partner in Luxembourg-based fund REINO RF CEE Real Estate S.C.A. SICAV-RAIF, caused the Fund to withdraw from preliminary sale agreements concerning special purpose vehicles owned by BUMA Group.
REINO GROUP will continue implementing its existing development strategy, especially by adding real estate companies that supplement REINO Partners’ current competences and by establishing investment vehicles with assets managed by REINO Capital, leveraging options and scenarios that are alternative to those specified in the agreement that was terminated.
REINO – a pioneer in ESG-focused real estate asset management – has taken the next step to improve all its processes in the field of environmental, social and corporate responsibility. The company has created the new…
