Place Eleven

Investment profile | Core |
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Investment advisor | East Capital Real Estate, a company domiciled in Estonia and fully owned by East Capital Group |
Investment period | 4 years |
Term | 10 + up to two extension years |
Auditor | KPMG |
Launch date | 29 November 2019 |
Gross property value | EUR 163 530 000 |
Invested equity | EUR 83.53m |
Target equity | EUR 200m |
Redemption | No |
Dividend | The objective is to deliver an annual pre-tax dividend yield of 4-6% when the fund is fully invested |
Structure | Closed-end fund structured as a Luxembourg Reserved Alternative Investment Fund (RAIF) |
Liquidity |
Limited. An investment in the fund shall be regarded as a long-term investment |
ISIN |
LU2008658630 for Share Class A LU2008658713 for Share Class B |
More information | The fund is open for investments. For more information, please contact Investor Relations +46 8 505 88 555 or pro@eastcapital.com. |
East Capital’s Real Estate Funds are directed at institutions and other professional investors only and are not UCITS-regulated public equity funds.
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The fund is managed by a dedicated real estate advisory and research team with extensive experience from real estate investments and developments in the Baltic States, Russia, Ukraine and Western Europe. The team is based in Stockholm, Tallinn, Riga and Vilnius.
Environmental responsibility and sustainable investment approaches to proactive property management are at the forefront of everything we do. We are committed to be a leader in our markets with a framework for proprietary ESG analysis and careful attention to health, environmental and energy-efficiency considerations.