Mirabaud Real Assets S.C.A. SICAV-RAIF - (subfund) Mirabaud Sustainable Cities

Mirabaud Real Assets S.C.A. SICAV-RAIF - (subfund) Mirabaud Sustainable Cities is a closed-end real estate vehicle managed by Mirabaud Asset Management (Europe) S.A. and domiciled in Luxembourg, where it is structured as a SICAV operating under the RAIF framework and distributed pan-European as an ELTIF under ELTIF 1.0. The sub-fund launched in 2024 and reports in EUR. It follows an opportunistic approach, placing it among 44 real estate funds on this page and 31 that combine that asset class with a Luxembourg domicile, out of 494 vehicles covered in total and 347 domiciled in Luxembourg.

Because the vehicle is closed-end, capital is committed for the life of the fund rather than dealt periodically; there is no standing redemption mechanism disclosed, so investors should assume liquidity comes from realisations and any secondary transfer rather than from the vehicle itself. The minimum commitment is 125,000 EUR, consistent with access by both professional and eligible retail investors under the ELTIF 1.0 regime, and the summary risk indicator is reported as 6. The sub-fund is classified Article 9 under SFDR, meaning sustainable investment is stated as its objective rather than a secondary characteristic.

On economics and scale, the management fee is shown as and the performance fee as , both benchmarked against the 44 real estate peers tracked here. Reported assets stand at , and the stated return objective is , each of which can be compared with the 31 funds sharing the same asset class and domicile. Figures are as of 31 Aug 2026.