Nuveen Global Cities REIT Access Fund

Nuveen Global Cities REIT Access Fund is an open-ended real estate vehicle managed by Nuveen, domiciled in Luxembourg as a SICAV and authorised under the UCI Part II regime. It is structured as a Non-ELTIF product, so N/A applies, and it is distributed on a pan-European basis to professional investors from a minimum commitment of 100,000 USD in its base currency of USD. The strategy is classified as core / core plus, and the fund was launched in 2025, placing it among the more recent additions to the 494 vehicles covered on this page.

Liquidity mechanics follow an evergreen format rather than a drawdown schedule. Capital is deployed at full subscription, with dealing available on a monthly basis and repurchases offered at monthly intervals, priced off a monthly net asset value. Redemption capacity is subject to the board-level limits customary for semi-liquid real estate vehicles, and a deduction applies to shares repurchased within an initial holding period, which functions as a soft lock-up and aligns subscriber behaviour with the underlying property holdings. The ongoing management fee is disclosed as and can be read against the equivalent terms of the 31 comparable funds sharing both its asset class and domicile.

For positioning, the fund sits within a cohort of 44 real estate vehicles tracked here and among 347 funds using Luxembourg as their domicile, the most common jurisdiction in the data set. Its combination of a non-ELTIF UCI Part II wrapper, monthly dealing and a core-oriented mandate differentiates it from the ELTIF-structured alternatives that make up much of the remaining real estate universe, and is the main variable to compare when assessing access terms, investor eligibility and redemption treatment across that group.