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The goal of the Fund is to
apply the savings received by the participants investing in the real estate
market, using the management investment policy to create the conditions for
profitability, security, and liquidity, yet refraining from giving undue privilege
to any one particular area or sector in real estate. The investments taking
place in this type of assets will be limited to the Iberian Peninsula, without
there being any specific limits placed on geographical concentrations, however.
The Fund may develop
construction projects which may later then be put up for sale or rental,
allowing for the contracting of debt as a form of financing. The level of
indebtedness is not subject to any upper limit.
The Fund, in addition to
including wealth income, may acquire simple or mixed agricultural lands and
holdings as a way to generate value through diverse real estate development
projects.