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Subsidiary MIMCO Asset Management S.A.S.
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Disclaimer

For all intents and purposes, please note that MIMCO Asset Management is a subsidiary of the MIMCO Capital group and that they are two separate entities.

MIMCO Capital is a Luxembourg-incorporated company that is not regulated and offers the investment solutions Mercureim EF1, Everest One, BUILDIM 19 and OCITY. Its funds are reserved exclusively for professional investors within the meaning of Directive 2014/65/EU – MiFID II. MIMCO Asset Management was created following MIMCO Capital’s expansion into France. MIMCO Asset Management is a French asset management company regulated by the AMF under approval number GP-21000018, managing the funds MIMCO Grand-Ducal, MIMCO Revitalize and MIMCO Green Value. By reference to Article L. 214-144 of the French Monetary and Financial Code (CMF), its current and future funds are reserved exclusively for professional investors and investors treated as professionals in France who meet the conditions set out in Article 423-27-1 of the AMF General Regulation, namely those able to invest a minimum of EUR 100,000.

It is your sole responsibility to be aware of and to comply with all laws and regulations applicable in the jurisdiction relevant to you in connection with your access to this website. If you are uncertain whether you may be considered a professional investor under applicable laws and regulations, you should seek advice from an independent expert.

All content on this website is provided for information purposes only and does not in any way constitute an offer or recommendation to buy or sell any financial products or services, nor a commitment to undertake or solicit any activity, and should not be relied upon in connection with any offer or sale of financial products or services. The information contained on this website is protected by copyright and all rights are reserved. It may not be reproduced, copied, or redistributed in whole or in part.

By clicking “Continue”, you confirm to MIMCO Asset Management that you are accessing this website as a professional investor possessing the knowledge and expertise necessary to assess the risks associated with investments in financial products, and you further confirm that your use of this website does not violate any applicable law or regulation.

For all intents and purposes, please note that MIMCO Platform is a subsidiary of the MIMCO Capital group and that they are two separate entities.

MIMCO Capital is a Luxembourg-incorporated company that is not regulated and offers the investment solutions Mercureim EF1, Everest One, BUILDIM 19 and OCITY. Its funds are reserved exclusively for professional investors within the meaning of Directive 2014/65/EU – MiFID II. MIMCO Platform was created following MIMCO Capital’s expansion into France. MIMCO Platform is a French asset management company regulated by the AMF under approval number GP-21000018, managing the funds MIMCO Grand-Ducal, MIMCO Revitalize and MIMCO Green Value. By reference to Article L. 214-144 of the French Monetary and Financial Code (CMF), its current and future funds are reserved exclusively for professional investors and investors treated as professionals in France who meet the conditions set out in Article 423-27-1 of the AMF General Regulation, namely those able to invest a minimum of EUR 100,000.

It is your sole responsibility to be aware of and to comply with all laws and regulations applicable in the jurisdiction relevant to you in connection with your access to this website. If you are uncertain whether you may be considered a professional investor under applicable laws and regulations, you should seek advice from an independent expert.

All content on this website is provided for information purposes only and does not in any way constitute an offer or recommendation to buy or sell any financial products or services, nor a commitment to undertake or solicit any activity, and should not be relied upon in connection with any offer or sale of financial products or services. The information contained on this website is protected by copyright and all rights are reserved. It may not be reproduced, copied, or redistributed in whole or in part.

By clicking “Continue”, you confirm to MIMCO Platform that you are accessing this website as a professional investor possessing the knowledge and expertise necessary to assess the risks associated with investments in financial products, and you further confirm that your use of this website does not violate any applicable law or regulation.

MIMCO Capital is a Luxembourg-incorporated company that is not regulated and offers the investment solutions Mercureim EF1, Everest One, BUILDIM 19 and OCITY. Its funds are reserved exclusively for professional investors within the meaning of Directive 2014/65/EU – MiFID II. MIMCO Asset Management was created following MIMCO Capital’s expansion into France. It is a French asset management company regulated by the AMF under approval number GP-21000018, managing the funds MIMCO Grand-Ducal and MIMCO Revitalize. By reference to Article L. 214-144 of the French Monetary and Financial Code (CMF), its current and future funds are reserved exclusively for professional investors and investors treated as professionals in France who meet the conditions set out in Article 423-27-1 of the AMF General Regulation, namely those able to invest a minimum of EUR 100,000. It is your sole responsibility to be aware of and to comply with all laws and regulations applicable in the jurisdiction relevant to you in connection with your access to this website. If you are uncertain whether you may be considered a professional investor under applicable laws and regulations, you should seek advice from an independent expert. All content on this website is provided for information purposes only and does not in any way constitute an offer or recommendation to buy or sell any financial products or services, nor a commitment to undertake or solicit any activity, and should not be relied upon in connection with any offer or sale of financial products or services. The information contained on this website is protected by copyright and all rights are reserved. It may not be reproduced, copied, or redistributed in whole or in part. By clicking “Continue”, you confirm to MIMCO Capital that you are accessing this website as a professional investor possessing the knowledge and expertise necessary to assess the risks associated with investments in financial products, and you further confirm that your use of this website does not violate any applicable law or regulation.

Invest in real estate for revitalization in Germany with Everest One
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The Everest One fund

Invest in regional German real estate with a 'value add' focus

Invest in real estate for revitalization in Germany with Everest One

01
The primary goal of Everest One is to build a real estate portfolio in Germany by primarily investing in commercial and office properties, and then making more opportunistic investments in hotels, healthcare facilities, and residential real estate.

In general, investments are made in income-generating properties that align with the management objectives.

We mainly select properties from bank liquidations, auctions, inheritance distributions, arbitrages, investment fund portfolios, and assets considered 'value add' with revitalization potential. Our investment strategy is also open to more 'core' assets with strong fundamentals.

The aim is to provide regular dividend distributions and increase the value of the shares over a long-term holding period.
02
Everest One focuses its strategy on acquiring income-generating real estate assets for revitalization, with a priority on the German market.

The fund also targets high-value creation potential assets ('value-added') and is interested in non-performing loans (NPLs) exclusively within real estate-related transactions.

Preferred asset classes for Everest One include office spaces, retail, residential properties, hotels, and healthcare facilities.

The group's references

ho Hospitality
2025

Transformation of an office building into a high‑end serviced residence located in the heart of Paris’s 10th arrondissement, in a lively and rapidly evolving neighborhood.

mi Mixed Use
2025

Acquisition of a mixed‑use building at 91 Champs‑Élysées in Paris, located on the most central stretch of the avenue. This exceptional 4,200 m² property enjoys unmatched visibility on the world’s most iconic thoroughfare, in the heart of the Golden Triangle, just steps away from the leading international luxury brands.

Projet Mageva - Visuel d'illustration 3D
ho Hospitality fr France
2025

Mageva 360 project is based on the acquisition of a historic chalet designed in 1961 by French architect Henry‑Jacques Le Même, formerly a holiday center. The project aims to transform this iconic building into a high‑end serviced residence with approximately 29 apartments, centered around the theme of “Wellness & Sport,” with a total surface area of 1,778 m².

Fund data
Have a question about this fund? Feel free to contact us for more information.
Specifications
Structuring
Asset value
Risks
Legal form SCA SICAV-RAIF
Legal Name Everest One
Fund domicile and jurisdiction Luxembourg
Launch date 04/2019
Subscription closing 06/2023
Investment Term 06/2027
Share class Share class A1 : LU1989853418

Share class A2 : LU1989853509

Share class S1 : LU1989853681
Liquidity Half-yearly, starting from 12 months of detention
(see chapter on redemption in the prospectus)
Minimum subscription EUR 250.000
Subscription rights Upon receipt of the funds and booked at the following net asset value with a maximum value date of 3 months
Subscription fees From 0% to 4%
Redemption fees 7% in the 2nd year then decreasing to 0% in the 6th year
Management fees 1.30% to the GAV
Objective of out-performance From 90% to 50% depending on the subscription date
The SICAV Everest One SCA SICAV-RAIF

SCA / Company limited by shares

SICAV / Open-ended collective investment scheme

RAIF / Reserved Alternative Investment Fund

Registered office: 26 Boulevard Royal L-2449 Luxembourg
Investment Committee Bernd Von Manteuffel I CEO - Everest Fund Management

Christophe Nadal I CEO - Everest Fund Management

Timothé Fuchs I CEO - Funds Avenue Asset Management

Michael Verschuure I CFO - Funds Avenue Asset Management
General Partner Everest Fund Management S.àr.l.

26 Boulevard Royal L-2449 Luxembourg

100% held by MIMCO Capital S.à.r.l
Depositary bank EFG Bank (Luxembourg) S.A.

56, Grand Rue, L-1660 Luxembourg

Phone: +352 26 454 369
Auditor Ernst & Young Luxembourg

35E Avenue John F. Kennedy L-1855 Luxembourg
Date
31/12/2024*
30/09/2024*
30/06/2024*
31/03/2024*
31/12/2023*
30/09/2023*
30/06/2023*
31/03/2023*
31/12/2022
30/09/2022
30/06/2022
31/12/2022
31/12/2021
30/09/2021
30/06/2021
31/03/2021
31/12/2020
30/09/2020
30/06/2020
31/03/2020
31/12/2019
01/09/2019
*Non audited net asset value
Action class A1
€1 000.64
€992.37
€982.06
€1 003.32
€1 025
€1 017.78
€1 024.22
€1 038.07
€1 048.46
€1 034.95
€1 031.52
€1 027.59
€1 019.95
€1 026.49
€1 007.63
€1 000.98
€1 018.59
€1 015.95
€1 028.60
€1 085.54
€1 104.01
€981.65
Action class A2
€1 191.53
€1 168.77
€1 129.12
€1 152.79
€1 152.36
€1 135.70
€1 154.48
€1 150.49
€1 125.68
€1 111.00
€1 093.58
€1 088.95
€1 082.87
€1 058.27
€1 043.21
€1 045.85
€1 034.32
€1 035.03
€1 013.67
€1 098.61
€981.65
€1 144.43
action class S
€1 062.24
€1 042.17
€1 046.57
€1 061.26
€1 062.60
€1 069.95
€1 072.44
€1 085.17
€1 068.89
€1 062.78
€1 049.16
€1 038.10
€1 047.68
€1 024.04
€1 008.11
€1 031.57
€1 030.67
€1 045.84
€1 069.59
€1 078.53
€966.65
You can scroll from left to right to see the whole table.
1. Investment risks
 Investors who plan to purchase shares of the Everest One real estate fund should consider the specific, non-exhaustive risk factors set out below. Such risks, alone or combined, may
negatively affect the income and profitability estimates of the fund and lead to a decrease in the value of shares.
2. Dependency on economic developments Everest One mainly invests in commercial and corporate real estate in Germany and in the EU area. The fund may also invest in residential real estate. The fund is therefore dependent on the economic development and the general economic framework conditions. For example, a poor economic development can lead to many properties owned by the fund remaining vacant.
3. Limited liquidity and portfolio expansion The real estate markets in Germany and in the EU area have limited liquidity, particularly with regard to large properties.
This can have negative effects on price development. There is a risk that short-term sales and/or purchases of large-scale properties may, depending on the market situation, sometimes not be possible or only be possible through price concessions.

There is a risk that your investment will not be fully exposed to the real estate market because of a lack of opportunity to acquire properties. There is also a risk that you will not be able to sell the assets or that you will be able to sell them at such a discount that the expected return cannot be achieved or that the sale of shares may be limited.
This would also have a direct effect on the investment return and the tax value of the fund share at the end of the year.
4. Interest rate risks Changes in interest rates, particularly mortgage rates as well as inflation and/or inflation expectations, may have a negative impact on the value of real estate, on the growth in rental income and on financing costs. However, in accordance with the investment fund agreement, the maximum debt ratio must not exceed 85 % of the market value of all properties.
Rate fluctuations Changes in interest rates, particularly mortgage rates, as well as inflation and/or inflation expectations, can negatively impact property values, rental income trends, and financing costs. However, in accordance with the investment fund agreement, the maximum debt ratio must not exceed 80% of the market value of all properties.
Environmental risks The fund’s management reviews properties at the time of acquisition to identify potential environmental risks. If significant and identifiable environmental issues or nuisances are detected, these are factored into the calculation of foreseeable costs and reflected in the property’s purchase price. Such issues are addressed through an agreement with the seller, under which the seller releases the fund from any liability in case damages arise, potentially leading to the cancellation of the property acquisition.

However, the possibility of undiscovered contaminated sites being identified at a later stage cannot be ruled out. The existence of such sites could result in substantial unforeseen remediation costs, impacting the valuation of the fund's assets and its shares.
Eligible investors

The fund is reserved exclusively for professional investors as defined by Directive 2014/65/EU – MiFID II and for knowledgeable investors under Luxembourg regulations. This includes any knowledgeable investor as per Article 2 of the 2016 Law who (a) has confirmed in writing their status as a Knowledgeable Investor and (b) either (i) invests a minimum of €125,000 in the fund, or (ii) holds a certificate from a credit institution, another financial sector professional adhering to MiFID conduct rules, a management company under Directive 2009/65/EC, or an alternative investment fund manager under the AIFM Directive, certifying their expertise, experience, and knowledge to adequately assess an investment in the fund*.


*We recommend ensuring that your overall portfolio is not composed solely of real estate assets. Please note that investing involves the risk of capital loss.


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The information provided in the pages of this site is intended solely to present expertise in the field of commercial real estate.

Under no circumstances are they intended to:

- constitute an offer or solicitation to sell units or shares of the Fund(s), by any person in any jurisdiction in which such offer, solicitation or distribution would be qualified as illegal or in which the person responsible for such offer or solicitation is not authorized to do so, or to any person to whom such offer or solicitation is illegal;

- de présenter le ou les Fonds d'investissement de manière exhaustive.

Les Fonds mentionnés sur ce site ne sont autorisés ou ne seront autorisés à une commercialisation, notamment en dehors de leur pays d'origine, que suivant de nombreuses restrictions et conditions d'éligibilité, réglementaires ou statutaires, non décrites ou simplement évoquées de façon très sommaire sur ce site, qui encadrent la souscription ou l'acquisition des actions de ces Fonds, leurs modalités de présentation et de diffusion par des intermédiaires (en fonction notamment du lieu de résidence de l'investisseur), les conditions d'éligibilité liées à l'investisseur (notamment en fonction de ses connaissances en matière financière, de sa surface financière, de son statut réglementé ou non, de sa catégorisation variable d'un pays à l'autre, etc.) ou au montant d'investissement minimum requis par la documentation des Fonds.

Distribution can only be carried out on the basis of a study of the complete documentation for the said Funds and by persons qualified to assimilate the risks involved.

Generally speaking, the Funds are only intended for professional investors and sophisticated Luxembourg investors within the meaning of Luxembourg regulations. The risks, fees and investment opportunities recommended for the Funds are set out in detail in the Funds' information documentation, which must be made available to the subscriber prior to any subscription or acquisition. Official documentation is only available from General Partners or partners expressly authorized by the Funds.

The value of investments in these Funds and the income derived from them may go down as well as up, and are in no way guaranteed. The amount initially invested may not be recovered.

Wealth and asset management professionals are responsible for knowing and complying with all legal and regulatory provisions in force in any territory in which they are authorized to operate.

The information on this site is protected by copyright and all rights are reserved. It may not be reproduced, copied or redistributed in whole or in part.

MIMCO Capital disclaims all liability for any loss or damage resulting from the use of or reliance on the information provided, including, but not limited to, any loss of profit or any other direct or consequential damage, in particular in the event of access to the documentation without the Funds' consent.