OPTIMUM EVOLUTION FUND SIF - Property I

Fully regulated Luxembourg-based Fund focused on residential property in Berlin. The objective of the Fund was to provide medium to long term capital appreciation as well as some distributions during the life of the investment. The portfolio ramp-up phase was completed in 2011 and, after three years of optimisation, it was sold to a prominent European institutional investor. The portfolio was made up of 931 units, predominantly located in prime areas of the central part of Berlin.