For the first time our company offers to the market investing funds into high-yield bonds with ensure coupon yield of 8% annually.
We completely defray the expenses connected with cryptocurrencies exchange convincing our investors of ensure obtaining 8% of net annual profit from their investments.
Prospectus for bond issue is registered by the Czech authority therefore the Czech government will protect the investors’ interests if necessary.
Even in case of prohibition of cryptocurrencies on the national level our team will not disclaim liability. Our investors will be able to take their funds back in fiat currencies.
Investments into our tokens are equaled to investments into investing funds. All collected funds are intended to be invested into the bonds of “SP ESTATE s.r.o.” company according to our investing declaration.
As opposed to the investing funds our project team manages “SP ESTATE s.r.o.” company having the ability to take any necessary measures for protecting the investors’ interests.
ANNUAL TURNOVERMore than 23 mln CZK
PROJECT REALIZED150 real estate project
The investments are attracted through the Estonian company Telemann Group OU. The Estonian registration and statutory license allow the company carrying on business on the cryptocurrency market. The projects tokens are distributed through the Estonian company only because the Czech registration of SP ESTATE does not ban direct tokens distribution but causes essential uncertainty. All cryptocurrencies transactions are intended to be made through the Estonian company that will provide cryptocurrencies exchange into fiat money and vice verse. Payouts to investors will be also provided through Telemann Group OU.
The project intends purchasing of the Czech living and commercial real estate in Czech Republic (in future other EU markets are expected to be entered) and further managing of those items for making profits. The company has been carrying on business since 2005 mastering the market and offering real estate managing service to the clients therefore operational risks for the investors are minimal. The project income base is formed due to the operations of real estate items (hotels, guest houses, office buildings) purchased at the funds collected during ICO and to the financing of deals with real estate items including mortgage retirement, development projects financing. The Czech company SP ESTATE acts as an owner of real estate items.
Once in two years SP ESTATE company plans to send 100% of the market value growth of real estate (purchased within the project during the indicated time) for tokens buyout. The price of tokens buyout will be defined regarding the auction. The retired tokens are intended to be burned. The SP ESTATE Company is obliged to provide retirement of all tokens after 10 years since the end of tokens distribution. Their price will be defined by the last buyout auction. If necessary SP ESTATE is obliged to sell the real estate items purchased within the project for tokens buyout.
Real estate items offered for investments are thoroughly selected in our unique and reliable base. Our team suggests investing in the best items in Prague and other Czech cities. Foremost we provide independent fair value measurement of the selected real estate items so that our investors could be convinced that offered items absolutely worth their price. We use long-term experience of real estate managing for working out individual reconstruction plan for every particular item. Those real estate items that were purchased with funds collected during ICO are managed by our project team itself. We take all project risks guaranteeing to our investors the highest level of return on their investments. For tokens retirement we sell the real estate items if necessary setting a price that is not lower than market value defined by an independent valuator. Our business exists as a single entity therefore in case of crisis profits from our other departments are sent to payouts to our ICO investors.
The project tokens are distributed by the Estonian company Telemann Group OU that is the only distributor of tokens. The Estonian company provides reception, sharing and conversion of cryptocurrencies collected during ICO. The company also makes payouts to tokens holders. The same company is intended to provide tokens buyback retiring them. You are able to purchase tokens visiting the official website … The official contacts of SP ESTATE and Telemann Group OU are also placed there.
All collected funds are intended to be converted into fiat currency that will be further invested into SP ESTATE Company bonds (excluding expenses for ICO providing and the Estonian company’s fee).
SP ESTATE is able to earn money from real estate managing. Previously the company made profits for others while now it is expected to earn for itself. Profits are expected to be obtained from market value growth of real estate items under the company’s management.
All funds collected during ICO are intended to be invested into SP-Estate company bonds. The market value of bonds is volatile. When the market is on the rise investments to shares tend to be more profitable and the bonds’ price decrease. In case of crisis the bonds market becomes “safe haven” taking funds from the shares market. That’s why the bonds’ price commences increasing. SP ESTATE does not manage those process so particular token prices cannot be guaranteed. The company incurs obligations to pay regularly indicated coupon yield according to purchased tokens that may be regarded as bonds with minimal corporate risk. Besides, we incur obligations to provide our tokens buyout by the price connected with the market value growth of our real estate items. That is regarded as additional support of our tokens’ price.
We have mastered the Czech real estate market but we also plan to expand our business to other EU countries including Hungary and Slovakia. We are planning to provide the business in those countries where market should grow according to our expectations.
More than 8 million tourists visited the Czech Republic in 2014 and since then the amount had been constantly increasing. Thus, the hotel business is regarded among the most popular spheres for investments and SP ESTATE Company works out the project that expects to bring up to 10% of annual net profit.