SINGAPORE – Singapore-based Euro Asia Asset Management has inked a strategic partnership with Czech venture fund specialist ZDR Investments to explore investment opportunities in European grocery retail parks.
The properties are an increasingly popular asset class among Asian investors, it said.
The collaboration aims to unlock the untapped potential within the sector, with a particular focus on Central and Eastern Europe.
To facilitate this initiative, Euro Asia recently launched a Singapore-based variable capital company (VCC), ZDR Investments SG VCC, which will house various venture funds to invest in European grocery parks.
The new VCC, which is licensed by the Monetary Authority of Singapore (MAS), initiated its inaugural share subscription in September 2023.
It caters exclusively to accredited investors and institutions with a minimum investment requirement of €100,000…
