Subscription Closed for TECROWD No.98 Fund Investing in Capital Gain Type Fund “Mongolia Premium Residence ‘Edelmont’ #02” (Expected Annual Interest 14.0%)
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79/100
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9
AI Summary (NQ-processed)
TECRA Inc. announced that the TECROWD No.98 fund, which invests in the second phase of the luxury residence project “Edelmont” in Ulaanbaatar, Mongolia, has been fully subscribed and closed. This capital gain type fund targets an annual yield of 14.0%.
AI Analysis
Frequently Asked Questions
- Q: What is the investment target of TECROWD No.98 fund?
- A: It invests in 54 units of two apartment buildings (A and D) in the second phase of the Edelmont project in Ulaanbaatar, Mongolia.
- Q: What is the expected return and risk?
- A: Expected annual yield of 14.0% (capital gain type). Risks are mitigated by yen-denominated contracts and a senior-subordinate structure.
- Q: Is the fund closed?
- A: Yes, the fund is fully subscribed and closed.