PLN 149.70
(Valuation as of Apr 30, 2012)
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BZ WBK Towarzystwo Funduszy Inwestycyjnych S.A. ("BZ WBK Investment Fund Company") entered the property market with the debut of Arka BZ WBK Property Market Fund that has been in operation since the second half of 2004. The building process of the investment portfolio ended in the summer of 2007, the value of the Fund’s assets increased by over 54% from its inception until April 30, 2012 reaching the amount of PLN 523.9 million. The Fund controls properties of the total value over PLN 758 million and its portfolio comprises 11 commercial properties, 2 residential developments and 4 undeveloped pieces of land. On June 30, 2011 the Fund started real estate portfolio liquidation process in order to sell its properties.
In July 2008 BZ WBK Investment Fund Company launched the second real estate fund - Arka BZ WBK Property Market Fund 2. Property portfolio-building phase ended in the summer of 2011. On April 30, 2012 net assets value reached PLN 260,8 million. The Fund controls properties of the total value exceeding PLN 219 million and its portfolio comprises 3 office properties, 2 retail projects and an apartment building.