The ECUADOR LAND DEVELOPMENT & CONSTRUCTION FUND (ELDC) is an open-ended, actively managed investment vehicle that focuses purely on the strategic acquisition of direct land for construction of properties 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 though planning permission and sub-dividing the funds aim is to construct a mixture of low cost, affordable, single and multi-family residential dwellings and commercial buildings using our third party constructor to deliver high quality new “turn key” properties for the retail market. The funds aim is to achieve a target return of 25 - 30% net p.a in US dollars providing investors with liquidity and risk-adjusted returns denominated in a base currency of US dollars mitigating currency risk.
Fund Facts at a Glance
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