Real Estate Fund
"a RAIF can be a real estate fund, as long as the principle of diversification is respected (in Lux no more than 30 percent of a fund portfolio can be invested in one asset, unless the RAIF is constituted as a SICAR, in which case no diversification is required, but then specific principles need to be followed and the taxation is different from a non-SICAR RAIF)" - Milo (10.9.2020)
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