IMPERIO CAPITAL PROPERTY INCOME FUND
INVESTOR TYPE: Well Informed, Professionals
CySEC Registration No.
RAIF26_1
CySEC Registration Date
14/04/2020
Company Name
Imperio Capital RAIF V.C.I.C. Plc
Company Registration No.
HE 406928
SFDR Disclosure
No sustainable investment objective
Strategy
Real Estate
Depositary
Eurobank Cyprus Ltd
Administrator
PRICEWATERHOUSECOOPERS FUND SERVICES LIMITED
Auditor
PRICEWATERHOUSECOOPER LIMITED
Legal Consultant
HADJIANASTASSIOU, IOANNIDES LLC (DELOITTE LEGAL)
Type of Investor
Well Informed/Professional
Investment Objective
Investments will be made in the purchase of apartments in the development “Sunset Gardens”, to be constructed by Citrus Gardens Developments Ltd (“Citrus”). Among others, the key terms of the sale purchase agreement between the Company and Citrus are as follows:
• The Company will purchase the apartments on behalf of the Compartment at Market Prices, either directly or indirectly through the use of SPVs. The Company shall dispose the underlying properties when the Market Price will reach the EUR 3.750 per square meter mark; and
• During the construction period, Citrus will pay a return of 1.75% p.a. to the Compartment on the total value invested, until the apartments are completed and delivered to the Company.
Following the completion of the apartments, Citrus (or one of its subsidiaries or affiliates) will provide property management services to the Company, for the benefit of the Compartment.