Poland Mount TFI introduces fund of global REITs to WSE

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MGRN was established in 2017 and, through REITs, invests primarily in logistics and residential real estate, including data centers, dormitories, shopping centers, hotels and single-family houses. The fund has exposure to liquid, high-quality securities listed on regulated markets.

It is the first entity listed in Poland that provides the opportunity to invest in REITs, internationally recognized, stable instruments of long-term savings. It is based on shares of public REITs operating on the markets of Western Europe, Great Britain and the USA. I hope that after the introduction of appropriate legal regulations in Poland, we will be able to expand MGRN's exposure to Polish entities and real estate.
Mikołaj Motz, CEO of Mount TFI

In 2022, the market valuation of global REITs dropped by nearly 30 pct, and now almost all market segments are valued significantly below long-term averages. At the same time, the operating results of these entities were record-breaking. The financial market expects interest rates to drop soon. Together, these factors provide a solid foundation for rising valuations. Early investors have already noticed this, which can be seen in the growing inflow of funds to REITs. It's time to invest.
Jakub Pacholec, a management board member of Mount TFI and MGRN’s fund manager

MGRN is currently valued at nearly PLN 40 mln, and Mount TFI plans to regularly issue new certificates.

Even before the first public issue, Polish investors decided to entrust us with almost PLN 40 mln. This shows that REITs are an interesting instrument for them. Especially now, when valuations and the macroeconomic environment provide many arguments in favor of this asset class. Our ambition is to have the capitalization of the MGRN fund reach the level of PLN 100 mln.
Jakub Pacholec

Making MGRN public and introducing its certificates to stock exchange trading simplifies the purchase process for individual investors. The accessibility of certificates is also improved by having a much lower issue price, compared to the requirements of private funds. Additionally, going public provides Mount TFI the opportunity to educate its clients and inform them about the fund's performance and strategy. Currently, REITs regulations have been implemented in over 40 countries around the world, including the USA, Canada, France, Great Britain and Germany. Several dozen more – including Poland – are preparing to introduce such regulations.

Mount Towarzystwo Funduszy Inwestycyjnych is an independent investment fund company. It manages funds that support the sustainable development of the Polish economy, whose total assets are worth over PLN 1 bln. As one of the leaders in non-bank private debt financing, Mount TFI supports promising ventures of Polish companies from the main sectors of the economy: financial, manufacturing, industrial and real estate.