Gránit Asset Management has been added to the Constitution Protection Office's list of qualified market operators, thus enabling its participation in the investor visa program aimed at modernizing and improving the quality of Hungary's real estate stock.
The Gravitas Hungary Real Estate Fund previously established specifically for this purpose and already registered with the National Bank of Hungary.
In accordance with the legal regulations, at least 40% of the fund's assets will be invested in residential properties in Hungary, thus contributing to the modernization and qualitative expansion of the Hungarian real estate stock.
“With the Gravitas Hungary Fund, we plan to purchase primarily new, modern residential properties that we will rent out for the long term. This not only provides investors with a stable return but also contributes to sustainable urban development and the expansion of the rental housing market, especially in Budapest," said Álmos Mikesy, President and CEO of Gránit Asset Management.
Gránit Asset Management, operating for sixteen years, manages assets worth more than €2.6 billion, of which nearly €1 billion is managed in real estate investment funds.
