2 subsidiary of the PROJECT Fund group with new company names Bamberg, March 22, 2012: The Frankish specialist in closed-end real estate funds and real estate project development has renewed the company names of two subsidiaries. Investors benefit from more transparency. Now, the Fund initiator within the PROJECT Fund group, previously PROJECT GFU society for funds and corporate administration mbH, is called PROJECT Fund GmbH. The subsidiary PROJECT IMG Immobilien Management GmbH responsible for the Fund management renamed PROJECT Fund Management GmbH. The daughter PROJECT Vermittlungs GmbH, the sales-oriented name unchanged. Thus, four specialized companies of the PROJECT Fund group carry the purpose of the company on behalf of all. The company renaming are a logical step to a higher transparency of our services and products. Our goal is to identify what your organization of the PROJECT Fund group stands in the company description for our investors. We have achieved this with the new company names”, so Wolfgang Dippold, managing partner.