Refundos manages the Maxirent closed real estate fund. The fund is listed on Euronext, Lisbon.
More than 99% of the units of Maxirent are currently owned by affiliates of Rivercrown. Rivercrown acquired these units in the period from September 2019 through June 2020, initially via the acquisition of a 51% stake, subsequently consolidated through a series of tender offers.
Underlying the fund is a portfolio of 18 real estate assets, predominantly offices plus one residential development site.
95% of the asset value is concentrated in 9 of those 18 assets “key assets”, all of which are located in Lisbon.
The quality and consistency of asset selection, management and ultimately performance of the Maxirent portfolio bears testament to the skills of the Refundos team.
ISIN Code: PTMXR0IM0008
Fund Code: 371
Management Entity: Refundos - Sociedade Gestora de Fundos de Investimento Imobiliário, SA
Current Situation: Active
Date of Commencement of Activity: 01/03/1993