Geographical exposure per fund

Geographical exposure per fund
  Which funds are invested in which country, and what
proportion of each fund’s exposure is to that particular country (as per last
published accounts/portfolio dates).
Country Fund/Company's investment in each country (actual or assumed)
Belgium
AXA Property Trust (3%), Kenmore European Industrial Fund (11%), Rutley European Property (3%)
Brazil
 Itacare Capital (100%)
Bulgaria
Atlas Estates (1%), Black Sea Property Fund (100%), Bulgarian Land Development (100%), Bulgarian Property
Developments (100%), Equest Balkan Properties* (52%), European Convergence Development Company (52%),
Lewis Charles Sofia Property Fund (100%), Madara Bulgarian Property Fund (100%), Orchid Developments
(100%)
Cambodia
 JSM Indochina (50%)
Canada
Delek Global Real Estate (13%)
China
 Asian Growth Properties (100%), Canton Property Investment (100%), China Central Properties (100%),
China Real Estate Opportunities (100%), Pacific Alliance China Land (100%)
Croatia
Dawnay Day, Carpathian (n/a), Dolphin Capital Investors (4%)
Cyprus
 Dolphin Capital Investors (54%)
Czech Republic
 Ablon (22%), Dawnay Day Carpathian (9%), Plaza Centers (16%)
Denmark Northern European Properties (3%)
Dominican Republic
Dolphin Capital Investors (3%)
Estonia
Metro Baltic Horizons (35%)
Finland
 Delek Global (6%), Kenmore European Industrial Fund (5%), Northern European Properties (39%)
France
Alpha Pyrenees Trust (89%), Hansteen Holdings (7%), Kenmore European Industrial Fund (41%), Rutley (2%)
Germany
AXA Property Trust (63%), Dawnay Day Sirius (100%), Dawnay Day Treveria (100%),
Delek Global Real Estate (10%), Deutsche Land (100%), Develica Deutschland (100%), Hansteen Holdings (47%),
Kenmore European Industrial Fund (6%), Northern European Properties (1%), Puma Brandenburg (100%),
Rutley European Property (63%), Speymill Deutsche (100%), Summit Germany (100%)
Greece
 Dolphin Capital Investors (36%), Plaza Centers (5%)
Hungary
 Ablon (70%), Atlas Estates* (15%), Dawnay Day Carpathian (36%), Plaza Centers (21%)
India
 Alpha Tiger (100%), Dev Property Development (100%), Eredene Capital (100%), Hirco (100%),
Ishaan Real Estate (100%), Plaza Centers (7%), Trikona Trinity Capital (100%), Unitech Corporate Parks (100%),
West Pioneer Properties (100%)
Italy
AXA Property Trust (15%), Spazio Investment N.V. (100%)
Japan
 Japan Residential Investment Company (100%)
Latvia
Dawnay Day Carpathian (2%), Metro Baltic Horizons (29%), Plaza Centers (4%)
Lithuania
 Dawnay Day Carpathian (6%), Northern European Properties (1%)
Macau
 Macau Property Opportunities Fund (100%), Speymill Macau (100%)
Macedonia
Equest Balkan Properties* (3%)
Malta
Camper & Nicholsons Marina Investments (87%)
Malaysia
 Aseana Properties (60%)
Moldova
 Argo Real Estate Opportunities Fund* (16%)
Netherlands
 AXA Property Trust (19%), Hansteen Holdings (44%), Kenmore European Industrial Fund (8%), Rutley (6%)
Norway
 Kenmore European Industrial Fund (22%)
Poland
Ablon (n/a), Atlas Estates* (65%), Dawnay Day Carpathian (43%), Northern European Properties (1%),
Plaza Centers (9%), Rutley European Property (10%)
Romania
 Ablon (8%), Argo Real Estate Opportunities Fund* (46%), Atlas Estates* (14%), Dawnay Day Carpathian (4%),
Equest Balkan Properties* (39%), European Convergence Development Company (48%), Fabian Romania
(100%), Lewis Charles Romania (100%), Plaza Centers (36%)
Russia
 Metro Baltic Horizons (36%), Mirland (100%), Northern European Properties (n/a), Raven Russia (93%),
RGI International (100%)
Serbia
 Equest Balkan Properties* (6%), Plaza Centers (2%)
Slovakia
Atlas Estates* (5%)
South Africa
 South African Property Opportunities Fund (100%)
Spain
Alpha Pyrenees Trust (11%)
Sweden
 Delek Global Real Estate (1%), Kenmore European Industrial Fund (7%), Northern European Properties (55%),
Rutley European Property (16%)
Switzerland
 Delek Global Real Estate (11%)
Turkey
 Camper & Nicholsons Marina Investments (13%), Dolphin Capital Investors (3%), The Ottoman Fund (100%)
Ukraine
 Aisi Realty (100%), Argo Real Estate Opportunities Fund* (38%), Dragon Ukrainian Properties (100%),Raven Russia
 (7%), XXI Century Investments (100%)
Vietnam Aseana Properties (40%), JSM Indochina (50%), VinaLand (100%)