BrickVest launches US trophy asset strategy fund (HV8)
August 13, 2018

BrickVest, a London-based online real estate investment platform, has announced the launch of Harvest Investment 8 (HV8), the latest in its range of thematic strategy Alternative Investment Funds (AIF) and the first to offer investors exposure to the US market.  

HV8 focuses on US trophy asset real estate strategies and has been launched in response to increased demand from European investors. BrickVest says this trend was revealed in its latest commercial property investment barometer, conducted among 5,000 respondents in the second quarter of 2018. This showed that over a fifth (22 percent) of investors cited the US as their preferred location for real estate exposure.

The first selected asset is the US$134.4 million Hilton Hotel located on Chicago's iconic Navy Pier.  BrickBest says the opportunity derives from its established partnership with ACRON AG, a Swiss-based real estate asset manager with a transaction volume of approximately CH1.7 billion. 

The hotel, which is currently under construction and due to open in the summer of 2019, boasts 222 rooms with floor-to-ceiling windows offering views of the city, Lake Michigan and the Pier. It will boast America's largest roof top bar and restaurant measuring 30,000 square feet and is the only hotel to be built on the Navy Pier, Chicago's top landmark, which attracts over nine million tourists a year.

HV8 will be distributed through AIFM liquidity platform, BrickVest Access. It marks the second partnership with ACRON.  In June 2018 BrickVest held the first closing of Harvest Investment 5 (HV5), a BrickVest-managed real estate AIF with an income-producing strategy developed in partnership with the Swiss sponsor. 

Emmanuel Lumineau, CEO at BrickVest, commented: "HV8 offers an exciting investment strategy that closely matches growing investor demand for US investment opportunities. We believe BrickVest is the first platform of its kind to offer European investors access to a US deal and we expect a strong level of take-up due to its quality.  It's an excellent opportunity for investors looking to diversify their portfolios, obtain a high level of liquidity and benefit from the growth and strength of the American economy."





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BrickVest, a London-based online real estate investment platform, has announced the launch of Harvest Investment 8 (HV8), the latest in its range of thematic strategy Alternative Investment Funds (AIF) and the first to offer investors exposure to the US market.  

HV8 focuses on US trophy asset real estate strategies and has been launched in response to increased demand from European investors. BrickVest says this trend was revealed in its latest commercial property investment barometer, conducted among 5,000 respondents in the second quarter of 2018. This showed that over a fifth (22 percent) of investors cited the US as their preferred location for real estate exposure.

The first selected asset is the US$134.4 million Hilton Hotel located on Chicago's iconic Navy Pier.  BrickBest says the opportunity derives from its established partnership with ACRON AG, a Swiss-based real estate asset manager with a transaction volume of approximately CH1.7 billion. 

The hotel, which is currently under construction and due to open in the summer of 2019, boasts 222 rooms with floor-to-ceiling windows offering views of the city, Lake Michigan and the Pier. It will boast America's largest roof top bar and restaurant measuring 30,000 square feet and is the only hotel to be built on the Navy Pier, Chicago's top landmark, which attracts over nine million tourists a year.

HV8 will be distributed through AIFM liquidity platform, BrickVest Access. It marks the second partnership with ACRON.  In June 2018 BrickVest held the first closing of Harvest Investment 5 (HV5), a BrickVest-managed real estate AIF with an income-producing strategy developed in partnership with the Swiss sponsor. 

Emmanuel Lumineau, CEO at BrickVest, commented: "HV8 offers an exciting investment strategy that closely matches growing investor demand for US investment opportunities. We believe BrickVest is the first platform of its kind to offer European investors access to a US deal and we expect a strong level of take-up due to its quality.  It's an excellent opportunity for investors looking to diversify their portfolios, obtain a high level of liquidity and benefit from the growth and strength of the American economy."



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