The ECUADOR LAND DEVELOPMENT FUND (ELD) is an open-ended, actively managed investment vehicle that focuses purely on the strategic acquisition of direct land for residential and commercial use in Ecuador. The funds objective is to invest in a balanced portfolio of high quality prime and undeveloped land using an “added value strategy” by acquiring land at heavily undervalued prices predominately concentrated in Quito, Guayaquil and Cuenca, close to future or existing Government and private infrastructure projects such as; major roads, shopping centres, leisure facilities and universities, where both growth and sale price potential far exceeds the regional and national average. By developing land through planning permission, sub-dividing and basic infrastructure the funds aim is to deliver land “construction ready” for re-sale to the property and construction market. The funds aim is to achieve a minimum target return of 20 - 25% net p.a in US dollars providing investors with liquidity and risk-adjusted denominated in a base currency of US dollars mitigating currency risk.
Fund Facts at a Glance
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