BPT Arista
OPEN FOR NEW INVESTMENTS
BPT Arista is a direct real estate fund investing in
commercial properties in Russia.
BPT Arista is a long-term real estate investment
opportunity. The fund has a target equity base of of EUR 400
million and a total investment capacity of EUR 1 billion. The
target return on equity is 11-15% per annum including
capital gains.
BPT Arista has its final closing in December 2011.
Investment strategy
The focus of BPT Arista is on prime commercial properties
in Russia within the retail, office, logistics and leisure
segments. BPT Arista invests in Moscow, St. Petersburg and selected
regional capitals in Russia.
The fund is focused on a "value added" strategy of acquisition,
development and refurbishment of commercial properties (or
portfolios of commercial properties) that are strategically
well-located in Russia. The underlying fundamental is to utilize
the anticipated yield compression (capital growth) and current
imbalance between supply and demand in the Russian real estate
market.
Structure
BPT Arista is registered in Luxembourg as a SICAV-SIF fund.
Investment should be seen as long-term.
In summary
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Strong growth potential in the
Russian real estate market
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Yield compression (capital growth)
anticipated
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Clear imbalance between supply and
demand
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High occupancy ratios and rents due
to growth in retail and international tenant entrance
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Highly diversified occupier stream
resulting from multiple international tenants
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Investment focus on Moscow, St.
Petersburg and major regional capitals
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Local organisation with strong real
estate expertise and local network