Proprietary Funds
FRF
The French Regional Fund will focus on commercial property in the French regions with a core plus style and risk profile. The Fund will aim to combine stable income returns and capital growth.
|
Proposal |
CWI French Regional Fund (‘FOF’) |
|
Promoter and Manager |
Cushman and Wakefield Investors (‘CWI’) |
|
Proposed structure |
Luxembourg FCP Special Investment Fund. Regulated by the CSSF |
|
Style |
Core Plus |
|
Leverage |
Maximum 50% LTV at portfolio level |
|
Target fund size |
€400m Gross Asset Value (GAV) |
|
Target equity |
€200m |
|
Targeted total return |
In excess of 10% IRR per annum (after costs, taxation at property and fund level, leverage) |
|
Target investors |
Well informed, institutional and professional investors |
