Allen & Overy has advised Altarea Investment Managers on the launch of its first SCPI: Alta Convictions. This first product benefits from the investment opportunities generated by the new real estate cycle, for the benefit of a high-performing and sustainable savings strategy.
Alta Convictions is an agile SCPI designed to invest in the attractive areas of the market, targeting mainly retail, schools and urban logistics at its launch.
The SCPI aims for a performance target between 5 and 5.50%* as well as an SRI label in 2024.
The Allen & Overy team in Paris was led by partner Antoine Sarailler, with associate Romane Chéry.
*Objective not guaranteed. This rate is likely to change over time and is given for information purposes only.
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