Euro Asia partners with ZDR Investments Group for European grocery retail parks JV

Singapore-based fund manager Euro Asia Asset Management (Euro Asia) has plans to partner with European ZDR Investments Group to seek investment opportunities in grocery retail parks in the Central and Eastern Europe (CEE) region.

For this purpose, Euro Asia has recently launched ZDR Investments SG VCC (ZDR SG VCC) in Singapore that leverages the country’s variable capital company (VCC) structure and enables participation in the European ZDR Investments SICAV (Master Fund). The VCC framework is a key initiative by the Monetary Authority of Singapore (MAS) to position as the leading pan-Asian fund management and domiciliation hub with a mature and competitive fund ecosystem established around it, so the decision to adopt the VCC structure is seen as the most appropriate and natural choice. The VCC structure also was selected as the preferred fund structure choice due to its confidentiality, tax incentives and ease of entry and exit for investors. The Master Fund is one of the