Payments continuing As we complete the 1st quarter of 2026 we can report that each and every month of this year we have made distributions to Fractional Investors. While we calculate the statement balances for the 2nd half of 2025, we continue to make payments to catch up balances for the 300 properties in who are operating under the original profit share contracts. Those 435 fractional properties who have converted to the new rental agreement structure are up to date wity their payments up...

15% will be added to BRM Fees The Tax Authorities in Cape Verde are requiring TRG to charge IVA (VAT for English readers) on BRM fees, even where the recipient of the fees will be outside of Cape Verde. This ruling may be applied retrospectively. TRG will cover any VAT imposed on fees already paid by property owners, but will add it to property statements going forwards. We will be sharing the impact of this with the Companies that hold properties on behalf of Fractional Members. TRG senior...

A number of Fractional Owners have contacted TRG Customer Services Team with questions about recent requests for payment they have received from Fractional Property Solutions Limited. We have been asked to clarify the situation. These requests for payment do NOT come from TRG. FPSL is not part of TRG and has no ongoing involvement in any TRG business. Some time ago we announced that TRG and FPSL had reached an agreement regarding the termination of FPSL involvement in the Fractional...