About
Investments in commercial real estate in the Baltic countries
Investments in the acquisition and management of income-generating commercial real estate properties (with the possibility of investing in the reconstruction and capital repair of acquired properties to increase rental income), and the development of commercial real estate projects.
Currently, the fund is in the process of raising investments for the acquisition of new commercial real estate properties.
Why UNION RE Core Fund I?
Stability
The demand for high-quality commercial real estate in a growing economy ensures not only stable and regular income but also capital appreciation.
Risk Management
Investments are made in 4-6 commercial real estate properties, which vary in location (city, country), type (production, logistics, offices, shopping centers), lease terms, and tenant structure.
Inflation Protection
Stable rental income and indexing based on the relevant consumer price index (CPI) coefficient eliminate inflation risk, providing a constant cash flow from the investment.
Growing Market
Globalization processes and related factors have significantly boosted the commercial real estate acquisition market internationally over the past two decades, thereby stimulating the expansion of this market.
Attractive Returns
Investing in real estate properties offers the opportunity to earn a stable average annual return on investment.
Fund Parameters
Type and Form
Closed-end collective investment scheme for informed investors.
Strategy
Investing in income-generating commercial real estate acquisition and management, and the development of commercial real estate projects.
Region
Baltic countries.
Start Date
2021 01 25
Duration
5 years with the possibility of extension for 3 years (5+3).
Target Size
EUR 60 million.
Assets under management
Asset value:
EUR 49.33 million (Q3 2023)
Managed area:
37 600 m²
Occupancy rate
99.5%
Number of tenants:
60
Krėvės st. 129, Kaunas
- Industrial building complex
- Area: 17 748 m2
- Occupancy: 100%
Taikos st. 64, Klaipėda
- Shopping, services and leisure center
- Area: 15 096 m2
- Occupancy 99%
Savanorių st. 163, Vilnius
- Sostena Service Center
- Area: 4 761 m2
- Occupancy 100%