Terms & Investment criteria
Main terms of the Fund
- Fund name
- INDEXO Real Estate Fund AS
- Fund type
- Closed-end real estate fund
- Fund term
- 10 years with the possibility to convert to evergreen
- Fund manager
- Provendi Asset Management AIFP SIA
- Development objects
- Long-term target level of 25% - 30% from net asset value of the Fund
- Financial leverage
- 50%, max 60%
- Management fee
- Low cost principle
- Dividends
- Stable dividend payments to investors
Investment criteria