Characteristics
Characteristics of the Atlantic 2 Fund | |
|---|---|
|
Name and type of fund
|
ATLANTIC 2 – BERENICE Closed-end real estate private contribution fund with profit distribution, for both individual and institutional investors Until 30 June 2008, the name of the Fund was BERENICE – FONDO UFFICI |
| Management company | IDeA FIMIT SGR S.p.A. as of 3 October 2011 |
| Contributing partners | Tiglio I S.r.l. Tiglio II S.r.l. Ganimede Due S.r.l. Aida S.r.l. Kappa S.r.l. |
| Duration of the fund | Extended until 31 July 2015 |
| Type of properties contributed |
54 properties mainly for use as office/service facilities |
| Rentable gross surface | About 435,000 m2 |
| Market value | EUR 860.5 million (at 30.04.2005) |
| Transfer value | EUR 750 million |
| Distribution of profits (half-yearly) |
At least 80% of operating profit |
| Fund’s net asset value | EUR 300 million |
| Number of units issued on contribution | 600,003 |
| Nominal value per unit | EUR 500 |
| Listing market | MIV – Mercato Telematico degli Investment Vehicles |
| Specialist |
Banca IMI S.p.A. (formerly Banca Caboto S.p.A.) |
