The Angola Capital Markets Commission approved the registration of PALMEIRA REAL, a new closed-end real estate investment fund offered by private subscription. Under the fund’s investment policy, real estate assets and other comparable assets must represent at least 75% of total assets, while Treasury bills and bonds, securities issued and guaranteed by the Angolan state, money market instruments and derivatives may represent up to 25%. OHUASI INVESTMENT will act as the management company and Banco Millennium Atlântico, S.A. as the depositary.
Angola Capital Markets Commission 2025-09-08
Angola Capital Markets Commission approves registration of PALMEIRA REAL closed-end real estate investment fund for private subscription
The Angola Capital Markets Commission has approved the registration of PALMEIRA REAL, a closed-end real estate investment fund offered by private subscription. The fund's policy mandates that real estate and comparable assets comprise at least 75% of total assets, with the remainder in Angolan state securities and money market instruments. OHUASI INVESTMENT will manage the fund, with Banco Millennium Atlântico, S.A. as the depositary.