Elevation Tertiom successfully raised over €15 million in its initial investment phase, acquiring two strategic properties in overseas territories to capitalize on growing demand in the real estate market.
Information on the Target
The SCPI Elevation Tertiom, a premier investment vehicle specializing in the overseas tertiary real estate sector, is managed by Elevation Capital Partners, a subsidiary of the Inter Invest Group. This unique SCPI successfully concluded its initial fundraising phase aimed at Sponsor investors, garnering over €15 million since its launch in September. This achievement underscores the growing appeal of overseas territories for investors seeking diversification in real estate investments.
With the funds raised, Elevation Tertiom has completed two strategic acquisitions that exemplify the geographical diversification opportunities offered by the fund. The first acquisition, Azur Commerces located in Saint-François, Guadeloupe, is a new commercial complex situated in one of the island's most dynamic economic zones, benefiting from a prime location in the Bellevue tourist area and projecting a gross expected yield of 11.90%.
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Additionally, the second acquisition is Kanopée Boutiques in La Réunion, found within the Cœur de Ville eco-district in La Possession. This mo
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Elevation Capital Partners
invested in
Azur Commerces, Kanopée Boutiques
in 2024
in a Other Private Equity deal
Disclosed details
Transaction Size: $16M