Altan Capital
The main advantages of investing in PERE through a vehicle such as ALTAN are:
- The fund manager, ALTAN CAPITAL, S.G.I.I.C., S.A.U., and the vehicles ALTAN I INMOBILIARIO GLOBAL, F.I.L. and ALTAN II INMOBILIARIO GLOBAL, F.I.L. are supervised by the Spanish Stock Market Regulator (“CNMV”) and were registered on July 20th 2007.
- These vehicles are tailor-made for Spanish investors offering a tax efficient structure.
- Selection of the best international managers
- Access to the best managers: The best funds are consistently oversubscribed and have limited space for new investors. ALTAN has proven access to the best managers
- Economies of Scale: Investing in ALTAN allows investors to build a diversified portfolio of PERE funds requiring less capital than investing directly in the underlying funds
- Diversification: Adequate diversification of the “Manager Risk” (~10-15 managers) and the “Investment Risk” (~400 underlying real estate investments over a wide spectrum of sectors – office, retail, industrial, hospitality, etc.- and geographic location).