Strategy
A core plus strategy consists on real estate assets acquisitions in established locations, benefiting from secure rental income in the medium term with potential revaluation. These assets may be subject to minor works and rent revaluation actions lift of rent caps surfaces redevelopment, non-recoverable rental charges and taxes deduction.
Leverage effect: Between 30% and 50%.
Target internal rate of return (non-guaranteed): between 4% and 8%.
A value-added strategy is based on real estate assets acquisitions with repositionning or renovating potentials in order to increase the rental yield and ultimately the value of the property. This dynamic management consists on investing in promising themes related to demographics, urbanization or global trends, such as improving buildings’ energy efficiency.
Leverage effect: maximum 60%.
Target internal rate of return (non-guaranteed): over 12%.
Investment opportunities’ identification
Investment opportunities’ analysis and the managers’ arbitrage prior to issuing an indicative tender
Thorough audit of the real estate asset on technical, legal, notarial, fiscal, environmental and administrative levels
The senior management’ arbitrage to acquire a real estate asset is based on the investment memorandum
Portfolio management
The senior management’ arbitrage to dispose of the assets is based on the annual “hold/sell” analysis of the portfolio
MCF Urban Convenience dedicated to institutional investors, thanks to its tax transparency.
Subscription for professional investors only.
MCF Immocap Value, a diversified vehicle, accessible via a real estate UC in life insurance.
This vehicle is available within the FIPAVIE OPPORTUNITIES Unit-Linked Life Insurance contract.
MCF Income Value is a diversified distributive and capitalization fund for assets located in France.
It is used for its flexibility (leverage, allocation), its taxation (income from securities) and its accessibility (pure registered, securities account, Luxembourg life insurance).
Subscription for professional investors only.
MCF Opportunity Co Invest II deploys a diversified strategy with strong value creation.
Subscription for professional investors only.