ELTIF 2.0 Real Estate Luxembourg Article 9 Core / Core+ Logistics
We do not yet have a NAV series for this fund. Semi-liquid funds often publish their unit prices only monthly or quarterly — and not always publicly.
What the fund does and how the portfolio is put together.
Risk indicator not documented from the key information document (1 = low, 7 = high); it captures liquidity risks only to a limited extent.
Portfolio breakdown
Broken down using semiliquid’s common taxonomy — provider labels are mapped onto shared categories so that funds can be compared. Only published figures are used; nothing is estimated.
Strategy
The basis is the PRIIPs KID of the share class we track — which makes it comparable across providers.
| Management fee | 0.80% |
| Total ongoing costs | 2.50% |
| Entry charge max. | 0.50% |
| Redemption fee | 0.00% |
| Performance fee | 0.00% |
| Hurdle rate | not documented |
| High-water mark | no |
Median across 5 funds in this asset class in our database, based on the PRIIPs KID. No statement about quality — cost structures differ depending on the strategy and on target-fund layers.
How you get into the fund, and on what terms.
Semi-liquid means redemption only on fixed dates, with notice periods and upper limits. This is how it works for this fund — in the order the redemption process runs.
Units can be redeemed quarterly; on each date the fund redeems at most 5 % of fund assets; for the first 36 months after subscription no redemption is possible.
The gate caps redemptions at 5 % of fund assets per date. If more investors want out at the same time, orders are scaled back pro rata or deferred to the next date.
not documented
not documented
not documented
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Who stands behind the fund, who it is authorised for — and what the figures rest on.
AIFM: Greenman Investments, company name Premier Benchmark Property Ltd., regulated by the Central Bank of Ireland. Local property management via Greenman Poland. AIFM fee 0.15 % p.a. of NAV, GP fee up to 0.65 % p.a. (minimum amount EUR 500,000 p.a.). At the level of the property companies there are additionally a Property Acquisition Fee of 1.5 %, a Portfolio Loan Arrangement Fee of 1.5 % and an Exit Fee of 1.5 %. Other costs according to the prospectus up to 1.7 % of NAV.
The predecessor compartment Greenman OPEN has existed considerably longer; the conversion into the open-ended ELTIF "Greenman NEXT" took place on 13 Sep 2024. The ESMA register states the ELTIF authorisation on 30 Aug 2024 and a start of distribution on 29 Oct 2021 - the latter relates to the predecessor structure.
All investors from EUR 1,500 (classes C and D). ESMA register: RETAIL + PRO.
Three states according to the ESMA ELTIF register: Germany, Ireland, Poland.
Direct fund level: AIFM fee 0.15 % p.a. of NAV and GP fee up to 0.65 % p.a. of NAV per share class or of the capital contributions, with a minimum amount of EUR 500,000 p.a. No performance fee, no redemption fee, no share-class administration fee. On the entry side, a subscription fee of 0.5 % plus a Share Creation Charge of 0 % to 2.5 % depending on the class. At the level of the property companies there are additionally a Property Acquisition Fee of 1.5 %, a Portfolio Loan Arrangement Fee of 1.5 % and an Exit Fee of 1.5 % - this level is not included in the ongoing costs ratio. Other costs according to the prospectus up to 1.7 % of NAV.
All figures come from our analysis of provider documents (product data as at 19 Aug 2026, distribution data as at 12 Aug 2026) and have not been conclusively verified.
Same asset class, sorted by overlap of sub-strategy — no recommendation, no ranking.