MARATHON CLOSED REAL ESTATE INVESTMENT FUND STARTED ITS ACTIVITY ON OCTOBER 17, 2018.
Marathon – Fundo de Investimento Imobiliário Fechado is a Private Subscription Real Estate Investment Fund, managed, since its constitution, by Silvip – Sociedade Gestora de Organismos de Investimento Coletivo, S.A.. The creation of the Marathon was authorized by the Portuguese Securities Market Commission (CMVM) on August 3, 2018, in accordance with Decree-Law no. 60/2002, of March 20, amended by Law no. 16/2015, of February 24, which establishes the General Regime of Collective Investment Schemes (RGOIC), republished by Decree-Law No. 144/2019, of 23 September. It effectively started its activity on October 17, 2018.
The Fund’s investment policy is to achieve, in a long-term perspective, a satisfactory capital appreciation, through investment in a diversified set of real estate assets, under the terms of the Management Regulation.
As at 31 December 2020, the Fund held an amount invested in real estate assets of 13,690,342 euros, corresponding to 92% of its Total Assets.