Learning by trial and error

Marek Łukaszewski, President of the Association of Investment Funds stresses that it is no easy thing to promote such a product as a real estate fund: "It is very difficult to sell a new fund without any results to boast about. There is still a notable lack of persons willing to take that risk. Moreover, a large section of investors prefer short-term investments" he says. Though the pioneers - Skarbiec Nieruchomości and CA IB FIZ Sektora Nieruchomości - were unsuccessful, that has not discouraged the next investment funds companies (TFI) to appear on the market with similar products. And if that were not enough, those who had painful encounters when trying to sell real estate investment certificates, still do not want to throw in the towel, promising that they will soon present new and better proposals. Skarbiec - second time lucky Jarosław Bauc who is President of the Skarbiec Investment Funds Company (TFI Skarbiec) and also head of the Skarbiec Asset Mana