Meta Estate Trust Announces New Investments and a €2.7 Million Exit with a Gross Profit of €740,000

Meta Estate Trust, a holding company operating in the real estate sector, announces the sale of the 40% stake held in the Redport Properties SRL, the developer of The Level Apartments project. The company collected over €2.7 million from the closing of the transaction. With this investment, the company achieved a 37% return, after a total investment of €2 million.

Alexandru Bonea, Managing Director MET : “These transactions prove the performance potential of MET’s investment strategy. Partnerships with real estate developers epresent a key strategic pillar through which we will be able to deliver the returns promised to our shareholders.”

Additionally, the company has decided to gradually reinvest €2 million by acquiring 10% of Redport Capital SRL, one of the most important local residential players active in the north of Bucharest, which owns strategic land in the historic area of Dămăroaia – Străulești where they will develop over 1600 apartments and commercial spaces over the next 7 years.

Following our successful collaboration with Redport Capital since the beginning of its activity, Meta Estate Trust is once again allocating an investment of €2 million to Redport Capital’s future real estate development projects.

Furthermore, Meta Estate Trust has granted a loan to its subsidiary Montserrat Assets SRL in the amount of €420,000 to acquire two apartments and four parking spaces in the north area. The two apartments are leased for a minimum period of 3 years, with a return of over 7%, the first investment in the rental business line.

Montserrat Assets SRL is a company established in November 2022 for the purpose of carrying out specific real estate investment projects and is 100% owned by Meta Estate Trust.