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Mensuel de octobre 2025 - Immobilier

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Bridging the valuation gap: The strategic role of continuation funds in European real estate
By Quentin GILLOIS, Director, Arendt Investment Services Rodrigo DELCOURT, Partner, Arendt Medernach   As valuation disparities deepen across European real estate markets, continuation funds are emerging as a pivotal liquidity mechanism. Their credibility, however, hinges on the thoroughness with which investor services are structured, governed, and delivered. At Arendt, we observe that seamless fund administration, depositary oversight, transfer agency, corporate secretarial, valuation governance, and transparent reporting form the backbone of any successful GP-led continuation transaction.   In a typical continuation transaction, the general partner (GP) proposes transferring one or more assets from a selling fund into a...
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