The vision of the Fund Management is to position the Arcona Property Fund as the benchmark listed property vehicle for the CEE region. The Fund offers both institutional and private investors the opportunity of managed exposure to these fast-developing markets, with an investment strategy targeting capital preservation and a high dividend yield.
The Fund will not undertake developments nor concentrate exclusively on one market sector - thus distinguishing itself from other listed vehicles with higher risk profiles active in the region.
The long-term target Fund size is € 500 million, with between 30 and 50 assets. Within this total the Fund plans allocations as follows: Poland 40% ( € 200 million), Czech Republic 20% ( € 100 million), Slovakia 10% ( € 50 million) and other countries in the region 30% ( € 150 million).
The acquisition strategy will target out-of-town retail parks, supermarkets, regional office properties and multi-leased logistic centres across Central Europe, with individual lot sizes in the range € 5 million to € 15 million.