Investment fund Merep

Key FeaturesMitiska European Real Estate Partners Light Industrial ("MEREP LI")
Investment objectiveFocus on light industrial real estate projects, including investment opportunities in urban logistics or mixed-use projects.
Geographical focusEurope
Total return targetnet IRR of 12-15%, net MOIC of >1,5x
Fund structurePartnership, managed by Mitiska REIM NV
Fund typeClosed-ended fund
Fund managerManaged by Mitiska REIM
Term 5 years (+1+1)
LeverageTarget of 50-60% LTV, cap at 75%
Vintage year2021
Total commitments€35,000,000