Archipelago Investment Partners LLP (AIP), the strategic real estate investment advisory group, has announced the launch of its G1 Greek Real Estate Opportunities Fund. AIP is looking to raise EUR 30 mln, with a maximum final close of EUR 50 mln and a minimum subscription amount of EUR 250,000. The seven-year closed-ended fund will invest in strategic land and distressed real estate assets. The fund will target projects with a minimum 16% IRR per annum. Distributions will be made from the fund as assets are realised, enhancing the timing of returns for investors, AIP said.
Premium subscriber content – please log in to read more or take a free trial.
