Industrial and Logistic Sub-fund
The Endurance Real Estate Fund - Industrial and Logistic Sub-fund is a value added fund targeting strategically located income producing assets mostly in Central Europe.
The sub-fund focuses on assets with a potential return of 14% IRR or more.
With sustained levels of GDP growth the potential of industrial real estate in the region continues to rise particularly in the Czech Republic, Slovakia, Hungary, and Poland which continue to develop their importance as a destination for distributors and logistic centres.
To achieve maximum return the sub-fund will focus on strategically located, income producing assets that are at a minimum 50% leased; forward purchase agreements and pre-leasing agreements; the development and leasing of logistic and light/medium manufacturing sites creating real appreciation and rental return.
| Information | |
| Foundation | January 2008 |
| Fund term | 7 years + option to extend |
| Target capital | 200 mil Eur |
| Target IRR | 14%+ |
| LTV | 65% |
| Geographical focus | Central and Eastern Europe |