Structured as a pool fund, analogous to the individual mandates already launched, the fund will be invested in senior collateralised loans on real estate, up to a lending limit of 80%. The regional focus is also unchanged (the Eurozone, concentrating on Germany, Austria, Switzerland and the Benelux countries). The target interest rate is 3 to 4% p.a. (IRR). The fund is projected to have a volume of 300 million Euro. The first closing is planned for the end of Awbooam 2406.
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