Nuveen Real EstateLU3067985377Class E1 USD D
The Access Fund channels European capital into Nuveen's US Global Cities REIT: stabilised commercial real estate in global metropolises in a master-feeder format, as a Luxembourg Part II SICAV, launched in 2023, with no performance fee.
Monthly subscription and redemption with short notice; what applies in effect is the monthly and quarterly limit of the master REIT. No lock-up — redemptions in the first year incur a discount.
Subscription from EUR 100,000 for professional investors; not registered for retail distribution in Germany.
The most direct access to US core real estate in the field — with the particularity that the liquidity limits are set across the Atlantic: the European investor depends on the repurchase behaviour of an American REIT programme.
Figures for class E1 USD D (LU3067985377) · product data 4 Sep 2026 · sources: prospectus (as at August 2026), PRIIPs-KID — full list under 08 documents.
No documented NAV series in the database.
What the prospectus permits: Master-feeder structure: the Luxembourg sub-fund is an access/feeder vehicle which under normal circumstances invests at least 85% of its assets in Nuveen Global Cities REIT, Inc., a non-traded REIT incorporated in Maryland in 2017, taxed as a REIT and …
Taxonomy of semiliquid.info; only published values are used, nothing is estimated. The actual portfolio breakdown is in 03 Portfolio.
The largest holdings are Single-family rental portfolio (various locations), Single-family rentals (383 single-family homes), Multifamily community McKinney, TX.
How the reserve is invested: Real estate debt (securities, incl. CMBS) of the master fund 5.8% · Real-estate-related securities (incl. listed REITs, CMBS) of the master fund 3.2%.
Focus according to fund documents: Office 100%
Focus according to fund documents: Global, not broken down 100%
Among the ten largest: 10 equity holdings.
Portfolio of 383 rented single-family homes across several US markets with a combined living area of about 774,000 sq ft.
Portfolio of 383 rented single-family homes across several US markets with a combined living area of about 774,000 sq ft.
Multifamily rental property in McKinney in the Dallas-Fort Worth metropolitan area (Texas), held directly by Nuveen Global Cities REIT. The property name …
Apartment complex with 301 units in McKinney in the Dallas-Fort Worth metropolitan area, Texas.
Grocery-anchored neighborhood shopping center in Houston, Texas, held directly by the master REIT. The manager’s website lists “Main Street at Kingwood” as a retail property in Houston …
Grocery-anchored neighborhood shopping center in the Kingwood area of Houston (Texas) with around 199,000 sq ft of leasable area.
Logistics or light industrial properties in Houston (Texas), listed in Nuveen Global Cities REIT's Schedule III as “Houston Three”. Thanks to its large seaport and population growth …
Portfolio of five logistics and light-industrial buildings on the 610 Loop in Houston (Texas) totaling about 709,000 sq ft.
Multifamily rental property in Huntersville in the Charlotte metropolitan area (North Carolina), held directly by Nuveen Global Cities REIT. The property name …
Brookson Flats is a 296-unit apartment community in Huntersville in the Charlotte metropolitan area, North Carolina.
Positions and shares according to the provider; weights of the holdings are not reported; short descriptions by semiliquid.info from public sources; holdings as at 31 Dec 2025, reserve as at 30 Jun 2026; Allocation according to the uniform semiliquid taxonomy; only published values are used, nothing is estimated.
Cost figures of the main class according to provider documents. There is no performance fee.
For 100,000 USD, no charge on purchase and up to 5,000 USD on redemption.
Based on the PRIIPs key information document of class E1 USD D, hence comparable across providers.
Units can be subscribed monthly. The price is the NAV on the valuation day — it is not known when the order is placed and is published only 2 business days later.
The period may be shortened at the sole discretion of the Investment Manager and extended …
Price = NAV per share on this day.
Sub-fund NAV at the earliest 2 business days after publication of the master NAV.
pre-funding: 10 business days before Valuation day
An order placed today is invested in — days (—); the money is due on —. Miss the cut-off and you move to the next dealing day: cut-off —, invested from —.
| Frequency | monthly |
|---|---|
| Procedure | fully paid-in |
| Valuation day | last business day of the month |
| Cut-off | 10 business days before Valuation day · 16:00 CET · (counted from month-end) |
| Price | valuation day |
| NAV publication | Sub-fund NAV at the earliest 2 business days after publication of the master NAV; master NAV as at the last calendar day of the month, publication only in the … |
| Payment | pre-funding: 10 business days before Valuation day |
| Minimum investment | 100,000 USD (equivalent) |
| Entry charge (max.) | 0% (not in the prospectus) |
| Subscription limit | The board of directors, investment manager or distributor may discontinue the offering of a share class at any time, for a limited or unlimited period. |
| Revocation | The application is irrevocable once submitted; withdrawal of the application only with the consent of the board of directors |
| Business day | any day on which both the New York Stock Exchange and banks are open the whole day for non-automated business in Luxembourg (p. 97) |
Dates calculated from the prospectus rules (bank holidays: LU, US); only the transfer agent’s confirmation is binding. Data as at 4 Sep 2026 · Documents: 08.
Units can be redeemed monthly — with a volume limit (Gate) and without a lock-up. How quickly the money arrives and what happens if many want out at once is set out below.
Redemption proceeds are expected to be paid on the last business day of the following month …
NAV per unit less redemption fee (up to 5%)
Two-tier. At sub-fund level there is no separate redemption limit.
Pricing date for a request made today: —, in — days.
Shown without a date because the prospectus does not quantify: payment. The remaining markers are calculated from the prospectus rules.
Money typically within a quarter — on average 59 days from decision to cash.
Rank 62 of 112 · rank 2 of 4 in Real Estate · no lock-up · exit costs of 5.0% included
Money typically within a quarter — on average 59 days from decision to cash.
no lock-up · no fixed redemption fee
Confidence high — prospectus complete, dates calculated, no assumptions in the value · prospectus as at 15 Aug 2026 · score run 16 Oct 2026 · How 59 days become 23 pointsThe score measures how quickly and reliably you can get your money out according to the prospectus — not whether the fund is good.
| Character | redemption right |
|---|---|
| Frequency | monthly |
| Valuation day | last business day of the month |
| Notice | 10th-last business day of the month · 16:00 CET |
| Price | valuation day |
| Payout | 30 days |
| Gate | 2% gross of NAV of the master REIT (2%/month, 5%/quarter) per month; additionally max. 5% of master NAV per calendar quarter; the board of the master fund may redeem fewer units or none at … |
| Scaled-back portion | scaled-back portion lapses; new request required, no priority |
| Redemption fee (max.) | up to 5% (12 months, cliff (lapses after the period)) |
| Lock-up | none |
| Suspension | suspension at the master fund, market closure/missing price sources, force majeure, liquidation |
| Liquidity tools | Suspension, pro-rata deferral with carry-forward, postponement of payment, redemption in kind, Early Redemption Charge of 5%, master gate of 2% per month and … |
| Switch / transfer | Transfer only with the prior consent of the board of directors (not to be unreasonably withheld) and only to eligible investors; no secondary market |
| Compulsory redemption | Compulsory redemption of all units held by Prohibited Persons; liquidation of a sub-fund/share class by resolution of the board of directors with CSSF … |
Two-tier. At sub-fund level there is no separate redemption limit; the operative gate is that of the Master REIT: no more than 2% of aggregate Master NAV per month and no more than 5% per calendar quarter, measured across all redeeming Access Funds together. The Board of the Master Fund may also serve less than 2% in a given month, or nothing at all, if redemptions place an undue burden on the Master's liquidity.
The gate applies not at the level of the sub-fund but at the level of the master REIT: redemptions from the Master Fund are - together with those of other access funds - limited to 2% of the master NAV per month and 5% per calendar quarter.
Dates calculated from the prospectus rules (bank holidays: LU, US); only the transfer agent’s confirmation is binding. Data as at 4 Sep 2026 · Documents: 08.
6 classes. All cost and risk figures on this page refer to the basis class E1 USD D.
PRIIPs KID ✓: a key information document exists and is the source of the costs. —: no KID documented — the class is distributed outside the EEA or to investors not covered by the KID requirement, or the document is not available.
Who is behind the fund, where it may be distributed — and which documents were evaluated.
| Document | As at | Used for |
|---|---|---|
| Key information document (PRIIPs KID) | Aug 2026 | — |
| Positions and reserve | 31 Dec 2025 | Portfolio (03) |
All figures are taken from provider documents (product data as at 16 Oct 2026, distribution data as at 5 Oct 2026) and have not been conclusively verified.
Redemption monthly, notice period 10th-last business day of the month, with 2% gate per month. Subscribing today, it takes on average 59 days from decision to cash under the prospectus deadlines; a gate is not factored in.
100,000 USD in class E1 USD D.
Not as a retail investor. According to our evidence, in Germany it is open only to professional and institutional investors (as at 5 Oct 2026). The Access check shows the details.
As at 16 Oct 2026, no redemption restriction is documented for the Nuveen Global Cities REIT Access Fund. Under the prospectus a gate of 2% per month applies.
Same asset class, similar sub-strategy.
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Liquidity score in the “as of today” view with average days to cash. No recommendation, no ranking.