Hospitality Expansion Fund
Hospitality & Real Estate Assets
Investment Sectors
Real Estate, Hospitality
Strategy Overview
Transforming undervalued real estate into high yielding boutique hotels
Minimum Ticket Size
€200,000
First Close Passed
No
Set Up Fee
0€ added
Management Fee
2% Paid quarterly
Performance Fee
20% Management Entity takes 20% above the 5% hurdle
Target Annual Returns
12%
Target Returns Upon Exit
0% n/a
Subscription Deadline
May 2024
Target Fundraise
€20,000,000
Month Established
May 2022
Fund Duration
8 years
US-investors (PFIC)
Yes
The Hospitality Expansion Fund is focused on acquiring undervalued hospitality assets, enhancing them through physical and management intervention, and exiting them as premium operating assets.
The Fund does so using an integrated owner/operator approach.
Through Limestone Capital, the Fund will benefit from deep expertise and know-how in hospitality development and operation.
Limestone's own management company, Aethos Hotels, will operate the hotels with a focus on driving positive change for the communities they enter, their global guests and employees.