Duodev 2 continues to diversify project portfolio developed by Equilis

Six months after the approval of the first closing, the Duodev 2 fund continues its success. In April 2022, the first fundraising of over €90 million was obtained. Investor enthusiasm remains high. An additional equity contribution of just under €30 million has just been confirmed, bringing the total amount of the fund to €120 million. Duodev 2 is pursuing its growth strategy and continues to diversify the pan-European project portfolio developed by Equilis while applying an ambitious ESG policy.

Predominantly residential projects, in the heart of the big cities of Europe. Duodev 2 is investing in residential projects in Madrid, Brussels and Paris. Mixed-use projects (offices/housing) in Berlin and Sophia Antipolis (Nice), as well as a retail park project in Poland are also under development. In the same vein, new operations are currently undergoing due diligence, notably in Belgium.

Building on the success of Duodev 1, the Mestdagh and Mulliez families opened up the capital to third parties by creating DuoDev 2. These families, both concerned about the impact on society, offer a unique approach, focused on diversification, local supply, and based on Equilis’ expertise. Set up in 2017, Duodev 1 has been invested in 22 mixed, predominantly residential projects in the 6 European countries where Equilis operates, for a total amount of €800 million.