Recognizing an ageing hotel stock within a regional market with excellent economic and tourism fundamentals pointing upwards, Mindston Capital has launched a thematic fund on the west coast to capitalize on this market opportunity.
The fund aims at forming a portfolio of hotels (business and premises) whichare located in enviable seafront locations. These establishments willundergo renovations and implement operating synergies. Each business strives to get an eco-friendly label.
| Status : | Open to subscriptions |
| Form : | Professional investment capital fund (FPCI) |
| SFDR category : | Article 8 |
| Target deadline : | 2029 |
| Performance objective : | 10% per year net (excluding subscription commissions) |
The fund is subject to a risk of capital loss and no redemption is authorized until maturity. Transparency regarding ESG information is limited to eligible investors.
Mindston Luxury Real Estate, Mindston Capital’s first fund,isa showcase for the management company’s founders, one of the leaders in the Paris luxury real estate market. The fund has an investment capacity of circa €250M.
The fund’s purpose is to purchase meticulously selected properties, transform them into one-of-a-kind, move-in ready homes, and then resell them to a global clientele that has a strong appreciation for French savoir-vivre. The fund commissions renowned interior designers with international reputation and skilled artisans to turn the purchased properties into luxurious retreats.
| Status : | Closed for subscription |
| Form : | Professional investment capital fund (FPCI) |
| SFDR category : | Article 6 |
| Target deadline : | 2027 |
| Performance objective : | 12% per year net (excluding subscription commissions) |
The fund is subject to a risk of capital loss and no redemption is authorized until maturity.
The fund aims at forming a portfolio of residentials assets targeting young, active individuals, primarily in Greater Lyon and the French Geneva region, two areas that experience extremely high rental pressure.
The fund seeks out obsolete residential assets that will be renovated, decorated and furnished, with an emphasis on environmental performance, before being sold. The exit strategy aims to optimize value creation by selling the portfolio as a whole.
| Status : | Open to subscriptions |
| Form : | SAS with variable capital (Other FIA) |
| SFDR category : | Article 6 |
| Target deadline : | 2025 |
| Performance objective : | 10% per year net (excluding subscription commissions) |
The fund is subject to a risk of capital loss and no redemption is authorized until maturity.