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Office II Sub-fund

The very first sub-fund established under The Endurance Real Estate Fund umbrella, the Office Sub-fund, has been fully and succesfully invested. That's why the Fund Manager has decided to launch another fund, the Office II Sub-fund. It is focused on the acquisition, co-development, management and disposal of office properties located in Central Europe.

The Sub-fund is structured as a regulated Luxembourg Fonds Commun de Placement with RBC Dexia Investor Services as the custodian bank.

The fund focuses on the co-development of new properties and additional acquisition of existing assets showing repositioning potential located in the Central and Eastern Europe.

Assumed target IRR is 14% and the target equity is approximately 200 million EUR.

Foundation December 2007
Fund term 7 years + option for extending
Target capital 200 million EUR
Target IRR 14%+
Average LTV 65% 
Geographical focus Central and Eastern Europe