| Key Features | Mitiska European Real Estate Partners 3 ("MEREP 3") |
|---|---|
| Investment objective | Convenience real estate, including food-anchored retail parks, multi-let light industrial and urban logistics |
| Geographical focus | EU, plus the UK, Norway and Switzerland |
| Total return target | Net IRR of 12-15%, distribution yield of c3% |
| Fund structure | Limited partnership under Belgian law |
| Fund type | Closed-ended fund |
| Fund manager | Mitiska REIM |
| Term | 10 years (+1+1) |
| Currency | EUR |
| Leverage | Target of 50-60% LTV, cap at 75% |
| Vintage year | 2022 |
| Total commitments | Target €300,000,000+ |
