INVESTMENT OPPORTUNITIES FOR PRIVATE AND INSTITUTIONAL INVESTORS

Our investment opportunities are aimed at both high net worth individuals and institutional investors. Since its foundation in 2015, the Lakeward team has managed and supported the development of real estate projects across various financing structures (direct and co-investments, club deals), and in accordance with our client needs and investment rationale.

FUND SOLUTIONS FOR INSTITUTIONAL INVESTORS

Lakeward Real Estate Fund SCA SICAV-RAIF (LUX) – European Opportunities I (EUR)

Investment Opportunity
  • Recent trends that are bringing the areas of housing, working and living closer together has further strengthened and accelerated due to the current market environment
  • The digitalisation of many aspects of our lives is having a significant impact on the requirements and use of real estate
  • This creates space for innovative development concepts and repositioning of existing properties
  • Banks are constricting investment activity and new loans due to market uncertainties caused by the COVID-19
  • Identifying attractive entry points due to the resulting capital shifts and in the fluctuation of real estate valuations
Investment Objective
  • Provide Institutional and High-Net-Worth investors access to European private off-market real estate investments
  • Deliver long-term risk-adjusted value appreciation
  • Focus is on the urban residential, commercial and mixed-use property segments with innovative and modern usage concepts
  • For people to work, live and reside of all income levels
Investment Strategy
  • Investments in new development or repositioning real estate projects in the urban regions across Europe
  • Focus on small to medium-sized investment projects with a transaction value
    between EUR 25M – 150M
  • Broadly diversified risk-adjusted return profile that adopts a balanced approach toward core plus, value add and opportunistic strategies
  • Investment decisions are guided by integrating risk management throughout the investment process, supporting the optimisation of long-term risk-adjusted capital appreciation

Fund Representative: PMG Fonds Management AG, Zurich (Schweiz)
Paying Agent: Incore Bank, Schlieren (Schweiz)

Contact us for more information.
 

Key Fund Features

Currency EUR
Fund StructureClosed-Ended, S.C.A., SICAV-RAIF
DomicileLuxembourg
Investment FocusEU, focus Deutschland¹
Target SizeEUR 80M
Target Return>15% net IRR
Fund Inception12. November 2020
Final ClosingAugust 2023
Investment Period6 years from first closing
Fund Lifetime8 years from first closing
NAVQuarterly
  1. Allocation to Germany is expected to be greater than 70%.

Portfolio Construction Guidelines

Property Types Minimum Allocation Maximum Allocation
Residential 40% 100%
Commercial 0% 60%
Mixed-Use* 0% 50%
Liquidity
* Less than 70% of the rental income derived from either residential or commercial property types.

General Information

Investment AdvisorLakeward Advisory AG (Switzerland)
Investment Manager
PMG Investment Solutions AG (Schweiz)
AdministratorHauck & Aufhäuser Alternative Investment Services S.A. (Luxembourg)
Depositary BankHauck & Aufhäuser Privatbankiers AG (Luxembourg)
AIFMHauck & Aufhäuser Fund Services  (Luxembourg)
AuditorPwC (Luxembourg)
Legal AdvisorDechert LLP (Luxembourg)
General PartnerLakeward GP I S.à.r.l

Investment Life Cycle

Share Classes

 Class A10Class A05Class A01
Minimum SubscriptionEUR 10 MEUR 5 MEUR 1 M
CurrencyEUREUREUR
Management Fee1.25%1.50%1.75%
Performance Fee20%20%20%
Hurdle Rate5%5%5%
Target TER< 2%< 2%< 2%
ISINLU2263761863LU2263761947LU2263762085

DIRECT REAL ESTATE INVESTMENTS FOR Affluent PRIVATE INVESTORS

Increased income opportunities through participation in selected development properties

Through flexible investment structures, we offer HNWI / UHNWI investors the opportunity to participate in the targeted development of real estate projects with attractive return potential.

Through our network, we continuously receive project designs from developers and architects that are scrutinised by our investment team before being proposed to our investors.

Contact us for more information.