Othrys Income

Othrys Income is a core / core plus real estate vehicle managed by Othrys Investment Management and domiciled in France, where it is constituted as an FCP operating under the FPS regime and authorised as an ELTIF under the ELTIF 2.0 framework. The fund is denominated in EUR and dates its launch to 2026, placing it among the more recently formed vehicles in the coverage universe of 494 funds.

Structurally, the fund is open-ended rather than drawdown-based, so capital is deployed through subscriptions into a standing portfolio instead of commitments called over an investment period. The ELTIF 2.0 regime governs the liquidity mechanics, which combine periodic dealing with redemption management tools calibrated to the illiquidity of the underlying real estate assets; investors should read the subscription and redemption terms together, since exit is a scheduled process rather than a continuous one. Eligibility extends to retail investors, consistent with the ELTIF wrapper, and distribution is domestic rather than cross-border.

Within the dataset, the fund sits among 44 real estate vehicles and among 80 funds domiciled in France; the intersection of both narrows to 8 comparable vehicles, which is the most relevant cohort for assessing its terms, dealing calendar and core / core plus positioning.