Notice from Advance Terrafund REIT


In February 2021 IFC sold its equity shareholdings in Advance TerraFund REIT to Karoll Finance, the management company of the Fund.


Advance Terrafund was informed by both parties about the executed transaction and was assured that Karoll Finance did not plan to introduce any changes to the existing strategy and management of the Fund. Karoll Finance further confirmed that it had complete confidence in the Fund and its future perspectives and that Karoll Finance remained committed to continue its full support for the management team of Advance TerraFund.

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