SCPI Newgen

SCPI Newgen is an open-ended ELTIF managed by Aroxys, structured in France as an SCPI and launched in 2025. It is regulated as an AIF and authorised under the ELTIF 2.0 framework, which allows a retail-oriented real asset vehicle to be offered with periodic dealing rather than a fixed closed-end term. The portfolio follows a core / core plus approach within real estate, denominated in EUR, with exposure allocated across . Assets under management stand at , on a trajectory as of 31 Aug 2026.

Dealing mechanics are built around recurring access rather than a drawdown schedule: subscriptions are accepted on a monthly basis and redemptions are processed monthly, subject to the liquidity management tools available to an evergreen ELTIF holding directly owned property. Investors should note that redemption capacity in such vehicles depends on matching inflows and on disposals, so the stated frequency describes the dealing calendar rather than guaranteed liquidity. The minimum subscription is 95 EUR, which places the vehicle at the retail end of the access spectrum, and the management fee is . The fund carries a summary risk indicator of 4 and is classified Article 8 under SFDR.

Within the coverage universe of 494 vehicles, SCPI Newgen is one of 44 real estate funds and one of 80 domiciled in France; the overlap of both filters is a narrower set of 8 funds, which forms the most direct comparison group for its fee level, size and dealing terms. Distribution is domestic, so the peer set also reflects the French retail SCPI channel rather than cross-border ELTIF distribution.