IMOVEDRAS CLOSED REAL ESTATE INVESTMENT FUND STARTED ITS ACTIVITY ON DECEMBER 20, 2006.
Imovedras – Fundo de Investimento Imobiliário Fechado is a Private Subscription Real Estate Investment Fund managed by Silvip – Sociedade Gestora de Organismos de Investimento Coletivo, S.A.. The creation of the Fund was authorized by the Portuguese Securities Market Commission (CMVM) on 14 December 2006, in accordance with Decree-Law no. 60/2002, of 20 March, amended by Law no. 16/2015, of 24 February, which establishes the General Regime for Collective Investment Undertakings (RGOIC), republished by Decree-Law no. 144/2019, of 23 September.
The Fund’s investment policy is to achieve, in a long-term perspective, a satisfactory capital appreciation, through the constitution and management of a diversified set of assets, predominantly real estate, under the terms and according to the rules provided for in the Management Regulation.
As at 31 December 2021, the Fund had an amount invested in real estate assets of 40,533,200 euros, corresponding to 90% of its Total Assets.