Investment objective | Investment in retail parks through a twin-track strategy: (i) the (co)development of new retail parks, and (ii) the investment in existing income-producing assets that provide value-add potential |
Geographical focus | Europe - c.50% Western Europe, c.50% Central Europe
|
Cash return target | 3-5% p.a. |
Total return target | 10-15% p.a. |
Fund structure | Belgium NV/SA, governed by a Board of Directors |
Fund type | Closed-ended fund |
Fund manager | Self-managed fund, advised by Mitiska REIM |
Term | 8 years (+1 +1) |
Currency | EUR |
Leverage | c.50% LTV |
Vintage year | 2016 |
Total commitments | €263,300,000 |