Cornerstone Real Estate Investment Fund
Turkish Cornerstone Real Estate Investment Fund is a legally
established fund, according to the Turkish Citizenship Act, to
obtain Turkish citizenship, you should buy at least USD 500,000
or equivalent foreign currency of real estate investment fund
share or venture capital investment fund share with the
condition that they cannot be sold for at least three years, as
attested by the Capital Markets Board of Türkiye.
According to the 2014 law stipulated by the Turkish Capital
Market Board, at least 80% of the total value of the fund must
be invested in real estate, and the fund can earn income by
selling, buying, and leasing real estate. Moreover, Turkish
Cornerstone Real Estate Investment Fund can only invest in
mature properties, and are not allowed to invest in projects
under construction, except for projects under construction of
Turkish state-owned enterprises.
Fund Certificate Approved by CMB
Advantages of Cornerstone REIF
The fund is established according to the legal basis, recognized by the Turkish Immigration Act and approved by the Capital Markets Board of Türkiye;
The fund has a mature and experienced management team to provide professional services;
The funds is regulated by CMB, and professional depository banks will ensure the safety of funds;
The fund is a standardized product with clear and transparent fees, no taxes and additional costs;
The fund can diversify investment risks, and the investment field is mature and interest-bearing real estate, which can realize the diversification of asset allocation;
The fund does not use financing leverage and has no debt;
The fund is exempt from capital gains tax, withholding tax, corporate income tax;
The fund has a clear exit mechanism, which can lock in the counterparty in advance, and the immigration does not need to be bound to the fund investment.
Investment Strategy of Cornerstone REIF
Target Investment field
High quality commercial assets such as the entire hotel
Target investment strategy
Focus on mature properties in core areas
Utilization rate of funds
The Turkish Fund Act requires at least 80% of the fund needs to be invested every year which helps to improve the utilization rate of funds.
No leverage
The fund use 100% own capital to invest，100% of the target belongs to the investors.
Elements of Cornerstone REIF
