Real Estate Investment Funds
REIFs are real estate-focused investment funds established under the authorization and supervision of the CMB, available exclusively to qualified investors. By combining the security of capital markets with the profitability of real estate, REIFs present attractive investment opportunities.
Key Features of REIFs:
- Can directly acquire real estate in the land registry.
- Portfolio details and investor lists remain confidential.
- Fund assets cannot be seized or pledged.
- Subject to independent audits at least once a year and regular oversight by the CMB.
- Investors share in the fund’s profits proportionate to their investment.
Project Real Estate Investment Funds (PREIF)
Project Real Estate Investment Funds (PREIF) allow investors to participate directly in safe and profitable projects. Managed by expert real estate fund managers, PREIFs aim for high returns with minimal risk.
Benefits of PREIFs for Investors:
Expertise and Reliability: Managed by experienced portfolio managers, investments are made in medium and long-term projects with high earning potential.
Valuation and Discounted Purchase Opportunity: All investments are independently appraised by CMB-accredited valuation firms. Investors can invest based on these valuations or even at discounted prices.
Profit Potential: Investments are structured to achieve at least the real estate index return. Additionally, real estate development processes further enhance investment returns.
Transparency and Monitoring: Fund assets are held in a custodian bank, and all investor transactions can be regularly tracked via the Central Registry Agency (CRA).
Audit and Security: Funds undergo a three-stage audit process under CMB supervision:
- Internal Audit by the Portfolio Management Company
- Independent Audit
- CMB Supervision
Additionally, all disclosures are published on the Public Disclosure Platform (PDP).
Investor Services Provided by the Fund Management:
- The fund ensures rental income collection by leasing real estate on behalf of investors.
- In development projects, it guarantees project completion through Building Completion Insurance (BCI).
Advantages of Fenercioğlu REIFs
Fenercioğlu REIFs bring our expertise in the real estate sector to capital markets, offering investors multiple advantages:
Investing in Large Real Estate Projects with Small Capital: Provides opportunities to participate in high-cost projects with smaller investments.
Protection Against Inflation: Real estate investments offer a resilient alternative against economic fluctuations and inflation.
Tax Advantages: REIFs feature lower withholding tax, allowing for higher net returns.
Foreign Currency-Based Returns: Fenercioğlu REIFs target returns in foreign currencies, enabling investors to benefit from international market movements.
Liquidity Options: Fund assets can be converted into liquidity through the sale of land and real estate.
Transferability and Inheritance: REIF participation shares can be easily transferred and included in inheritance processes.
Public Oversight and Supervision: REIFs are regularly audited by the CMB and subject to independent audit reports.
Shape Your Future with Fenercioğlu REIF
With its expertise in the real estate sector and CMB-approved REIFs, Fenercioğlu A.Ş. offers investors a secure, transparent, and profitable investment experience. Through our REIFs, you can participate in major projects, ensure long-term value appreciation, and achieve your financial goals effortlessly.