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General Information

First climate-neutral real estate funds

Credit Suisse (Lux) European Climate Value Property Fund

170094749

Important Information

For professional/qualified investors only.

Investment Policy

The Credit Suisse (Lux) European Climate Value Property Fund pursues a conservative real estate strategy (Core/Core Plus) by acquiring existing commercial properties that have leased well in promising European markets. A key aspect of the investment concept is based on a system for controlling, measuring, and monitoring energy consumption in cooperation with the Siemens technology group. The innovative fund concept offers qualified investors the first-time opportunity to invest in a climate-neutral real estate portfolio.

Issue at a Glance

Product structure

Luxemburg SICAV – SIF (semi-open ended)

Investment advisor

Credit Suisse Asset Management Immobilien Kapitalanlagegesellschaft mbH

Fund currency

EUR

Currency hedging

Yes

Investment period

Unlimited

Target size

EUR 1 billion after five years, from launch

Minimum commitment

EUR 500,000

Second closing

December 9, 2016

Capital calls

Over 18 months, starting with the relevant closing

Distribution

Annual

Distribution yield

Target of 4 % p. a.**

Total return

Target of 5 to 6 % p. a.**

Leverage

Target of 30 % on portfolio level (max. 50 %)

Redemption options

January 1 or July 1

Redemption price

Net asset value per share, as per the most recent valuation date, including any redemption fee adjustment

Redemption fee

5 %; 2.5 % for notice period > 12 months; 0 % for notice period > 24 months

Subscription fee

Up to 1.5 %

Management fee

0.6%p. a. of the fund’s gross investment value (first financial year: 0.3%p. a.)

Purchase and sales fee

Up to 2 % of the gross asset value

Specific risk profile

Open-end, illiquid AIF; see also Section 8 of the Offering Memorandum 

** The target return is based on historical data and is not a projection, prediction, or guarantee of future performance. There is no assurance that
the target return will be achieved. 

Contact

Ulrich Braun, telephone +41 44 332 58 08 

Christian Braun, telephone +41 44 333 44 00

Further Information 

Media Release PDF
Client presentation  PDF
Factsheet (6-pager) PDF
Termsheet PDF

Secondary Content