This fund is designed to invest in a diversified continental European retail portfolio with moderate gearing.
The fund's geographical scope is the whole of continental Europe, with a clear focus on retail property markets offering excellent prospects for direct and indirect returns. Initially, the focus is on North Western Europe including Belgium, France, the Netherlands and Germany, but other countries can also evaluated. The fund aims to create added value through active management at property and porfolio levels.
The Fund will invest in unit shops, shopping centres and retail warehousing. It holds a shopping galleria in Belgium, a shopping centre in Veenendaal, a portfolio of 150 unit shops in inner city locations across the Netherlands and a high street unit shop portfolio in France.
The target return on investor equity is above 9% p.a. (net of fees and after leverage), which includes a cash return of 5% p.a.
The Fund has been designed exclusively for institutional investors.
Contact persons
Iwan Asys, Fund Manager, +31 (0)20 687 0500
Email
Gert-Jan Kapiteyn, Deputy Fund Manager, +31 (0)20 687 0588
Email
<< Back to Funds overview