| Key Features | Mitiska European Real Estate Partners Light Industrial ("MEREP LI") |
|---|---|
| Investment objective | Focus on light industrial real estate projects, including investment opportunities in urban logistics or mixed-use projects. |
| Geographical focus | Europe |
| Total return target | net IRR of 12-15%, net MOIC of >1,5x |
| Fund structure | Partnership, managed by Mitiska REIM NV |
| Fund type | Closed-ended fund |
| Fund manager | Managed by Mitiska REIM |
| Term | 5 years (+1+1) |
| Currency | EUR |
| Leverage | Target of 50-60% LTV, cap at 75% |
| Vintage year | 2021 |
| Total commitments | €35,000,000 |
