Document:

Exhibit 10.11

        Assignment Agreement

        This Assignment Agreement is made as of this 20th day of April 2012, between Mr. OSCAR ANTONIO BRITO, of legal age, domiciled in the city of Miami, (the “Assignor”), and URBAN PROPERTIES LLC, a limited liability company domiciled and existing in accordance to the laws of the State of Delaware of the United States of America (the
        “assignee”), the parties hereto agree as follow:

        WHEREAS, on February 10, 2012, Assignor entered into an Shares Purchase Option (the “Shares Purchase Option”) with Mr. Alonso Francisco Van der Biest Añez and Mrs. Ana Belen Espinoza de Van der Biest, both of legal age, domiciled in the city of Caracas, Bolivarian Republic of Venezuela (the “Sellers”); and

        WHEREAS, Pursuant to the Shares Purchase Option, the Sellers agreed to sell to the Assignor, and the Assignor agreed to purchase, 100% of the shares of “Promotora Alon-Bell, CA.”, a corporation domiciled and existing in accordance to the laws of The Bolivarian Republic of Venezuela, subject to and
        in accordance with the terms and conditions contained in that document. This company's by-laws were duly registered on May 10'i, 1994, at the Second Commercial Registry of the Judicial Circumscription of Capital District and Miranda State on the Bolivarian Republic of Venezuela, under number 49, volume 35-A-Sndo; and

        WHEREAS, Pursuant to the Shares Purchase Option Agreement, assignor declares having paid the amount of $20,000 (TWENTY-THOUSAND US DOLLARS) towards the price of the purchase.

        Additionally, assignor is obligated to execute payment of $100,000 (ONE HUNDRED THOUSAND US DOLLARS) owed towards the price of the purchase agreement, on or before May 31, 2012. The remaining price of $400,000 shall be the responsibility of assignee. This amount is due to the
        seller in the Shares Purchase Option Agreement on or before July 31, 2012.

        NOW, THEREFORE, in consideration of the premises, the parties agree as follows:

        

        	
                	
                    1.

                	
                    Assignment: The Assignor hereby assigns to the Assignee all of its rights, title and interest into the Shares Purchase Option, with effect as of the current date_ The Assignee hereby assumes all of the Assignor's rights, benefits, privileges and obligations rising of the Shares Purchase Option, and agrees to comply with its terms and conditions.

                

        

        

        	
                	
                    2.

                	The Shares Purchase Option: The Assignor delivers to the Assignee a copy of the Shares Purchase Option, signed on February 10, 2012, in the presence of the Fourth Public Notary of the State of Miranda of the Bolivarian Republic of Venezuela, Mrs. Ines Ramon Llovera, and tiled under number 8, volume 15 of the authentications books of this public notary.

        

        

        	
                	
                    3.

                	Price of the Assignment: The Assignor and Assignee both agree that the price of this transfer is $150,000 (ONE UNDRED AND FIFTY US DOLLARS), which has been paid to the Assignor as follows: A two-year note, with annual interests of 11%, commencing on the date of the execution of this Share Purchase Option,

        

        

        
            

        

        

        	
                	
                    4.

                	Covenants and Warranties of the Assignor: The Assignor covenants and warrants that: (i) the Shares Purchase Option is in full force and effect, in accordance with its terms, unamended by the parties thereto; and that (ii) he will notify the Sellers of the execution of this contract and of the assignment that has been agreed.

        

        

        	
                	
                    5.

                	Warranties of the Assignee: The Assignee warrants that: (i) it is a duly organized company and validly existing by the laws of the place of its organization; and (ii) its representative has the requisite power and authority to execute this agreement.

        

        

        	
                	
                    6.

                	Notifications: All the notifications regarding this agreement must be addressed to Assignor and Assignee, including requests, demands, claims and any other similar, will be delivered by certified mail or fax to the following addresses or numbers: 

        

        Assignor: 888 Brickell Key Dr, Suite 1102, Miami, FL 33131

        Assignee: 888 Brickell Key Dr., Suite 1102, Miami, FL 33131.

        

        

        	
                	
                    7.

                	
                    Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Florida without reference to its (or any federal) conflict of laws provisions and all matters related to this Agreement shall be in the English language.

                

        

        

        /s/ Oscar Brito          

        OSCAR BRITO

        (The Assignor)

        /s/ Oscar Brito          

        URBAN PROPERTIES, LLC

        (The Assignor)

        By: Oscar Brito

        PresidentExhibit 10.12

        September 11th, 2012

        GBS Real Estate Fund I, L.L.C. 

        888 Brickell Key Dr., Unit #1102 

        Miami, FL 33131

        Gentlemen:

        The undersigned hereby subscribes to units (“Units”) of GBS Real Estate Fund 1, L.L.C., a Florida limited liability company (the
        “Fund”), for a purchase price of US$20,000 per Unit and a total purchase price of US $150,000 to be paid pursuant to your wiring instructions as attached hereto as Exhibit
        “A”.

        To induce you to accept this subscription, and acknowledging that you will rely on these representations and warranties, the undersigned represents and warrants as follows:

        (a)     The undersigned has received the GBS Real Estate Fund I, L.L.C. Private Placement Memorandum dated March 15th, 2012 with respect to each of the foregoing, the undersigned has reviewed its contents and understands the terms and risks described therein.

        (b)     The undersigned understands that the Membership Interests have not been and will not be registered under the United States Securities Act of 1933, as amended (the
        “Securities Act”), and therefore, may not be resold unless they are registered under the Securities Act or unless an exemption from the registration requirements of the Securities Act is available.

        (c)     The undersigned acknowledges that the Fund has made available to the undersigned prior to the date hereof and prior to the purchase of any of the Membership Interests, the opportunity to ask questions of and receive answers from the representatives of the Fund concerning the terms and
        conditions of the sale of the Membership Interests, and to obtain any additional information concerning such sale and the planned future business of the Fund.

        (d)     The undersigned is purchasing the Membership Interests for investment for its own account and not with any present view toward resale or other distribution thereof.

        (e)     The undersigned is an “accredited investor” as defined in Rule 501 under the Securities Act and as evidenced by the accredited investor
        questionnaire attached hereto as Exhibit “B”. The undersigned has such knowledge and experience to evaluate the investment and is financially capable experience a complete loss in the investment.

        (f)     The undersigned is acquiring the Membership Interests purchased hereunder solely for his or its own account as principal (or if the undersigned is a trust, solely for the beneficiaries thereof), and not for the account or benefit of any U.S. Person or with a view to the distribution
        thereof.

        (g)     The undersigned will not sell, offer for sale, transfer or otherwise convey all or part of the Units to a U.S. Person or for the account or benefit of a U.S. Person prior to the expiration of a one year restricted period
        commencing on the date of the acceptance of this subscription by the Fund (the “Restricted Period”) unless the Units are registered under the Securities Act or an exemption from such registration requirements is available.

        
            

        

        (h)     The undersigned understands that the Membership Interests have not been registered under the U.S. Securities Act or under any state securities laws and that the undersigned agrees to transfer its or his Units only if (i)
        the Units are duly registered under the U.S. Securities Act and all applicable state securities laws; or (ii) there is an exemption from registration under the U.S. Securities Act, including any exemption from the registration requirements of the U.S. Securities Act which may be available pursuant to Regulation S, and all applicable state securities laws. Prior to any such transfer the Fund may require, as a condition to affecting a transfer of the Units, an opinion of counsel in form
        and substance satisfactory to the Fund as to the registration or exemption therefrom under the U.S. Securities Act and applicable state securities laws. The Fund is under no obligation to register the Units under the U.S. Securities Act or any applicable state securities laws on its or his behalf or to assist it or him in complying with any exemption from such registration.

        (i)     The undersigned understands that all offering materials and documents (other than press releases) used in connection with offers and sales of the Membership Interests prior to the expiration of the Restricted Period shall
        include statements to the effect that the Membership Interests have not been registered under the U.S. Securities Act and may not be offered or sold in the U.S. or to U.S. persons unless the Units are registered under the U.S. Securities Act, or an exemption from the registration requirements of the U.S. Securities Act is available, and that such statements shall appear in such materials and documents in such places as are required under Regulation S. The Fund will refuse to register
        any transfer of the Units not made in accordance with Regulation S.

        (j)     The undersigned is not purchasing the Membership Interests as a result of or subsequent to (i) any advertisement, article, notice or other communication published in any newspaper, magazine or other publication or
        broadcast over television or radio in the United States, (ii) any promotional seminar or meeting in the United States, or (iii) any solicitation by a person not previously known to him or it in connection with investments in securities generally.

        (k)     The undersigned understands that the offer and sale of the Membership Interests is intended to comply with Regulation S, and that the representations, warranties and agreements he or it makes herein will be relied upon by
        the Fund in order to comply with Regulation S.

        (1)     The undersigned (i) has adequate means of providing for current needs and possible contingencies, and has no need for liquidity of his or its investment in the Fund represented by the Units, (ii) can bear the economic risk
        of losing the entire investment herein, and (iii) has such knowledge and experience that the undersigned is capable of evaluating the relative risks and merits of this investment.

        (m)     The undersigned or his or its attorneys, accountants and other representatives and advisers, if any, (1) have had an opportunity to ask, and, to the extent that the undersigned has considered necessary, have asked
        questions of, and have received answers from, officers or directors of the Fund or a person or persons acting on their behalf concerning the terms and conditions of this investment and (ii) have been given or afforded access to such additional information which the undersigned has requested, and which is available to the Fund without unreasonable effort or expense, regarding such investment or as may be necessary to verify any information provided to the undersigned by the
        Fund.

        
            

        

        IN WITNESS WHEREOF, the undersigned hereby subscribes for the number of Units set forth above.

        URBAN PROPERTIES, LLC               

        Name of undersigned

        888 Brickell Key Drive, #1102,      Miami           FL
                  33131          USA     

        Street address                    City          State          ZIP          Country

        oab9@gmail.com          

        Electronic Mail Address

        /s/ Oscar Brito                    

        SUBSCRIPTION ACCEPTED:

        GBS REAL ESTATE FUND I, L.L.C.

        /s/ Karen Suarez          

        GBS CAPITAL PARTNERS, INC.

        Initial Member

        Date: 9/11/12

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