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Luxembourg-based TOWA Invest and Wagner Management have announced the launch of STONE2CAP, an Alternative Investment Fund focused on the real estate market of the GrandDuchy of Luxembourg. The fund aims to provide long-term value to its investors and benefits from a highly experienced team and the current market conditions.
A conservative fund, the objective is to give access to a portfolio of prime pre-let real estate properties focusing on investing on key Luxembourg districts and deliver a steady cash flow through AAA rated tenants. The fund would opportunistically invest in development sale of residential properties.
With a gross target IRR of S2C of 9-11%, the aim is to maximize performance with a mix of pre-let rented office properties and...
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