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Flex Space Fund

A CMVM-regulated, closed-end private equity fund investing exclusively in district.space, a Portuguese flex office operator, targeting an underdeveloped market with strong demand and guaranteed exit.

(Closed-ended, fixed term investment)

Minimum Investment

€100,000

Target Return

11.65% IRR

Fund Size

20 Million EUR

Term

8 years

Established

2024

Regulated By

CMVM

Location

Portugal

Advanced Fund Analytics Available

Get access to detailed performance metrics, risk analysis, and portfolio allocation data

Proprietary Risk Assessment

Our comprehensive risk scoring methodology evaluates funds across multiple dimensions

Overall Risk Score

2/5

Low Risk

Manager Quality
1
Strategy Risk
3
Macro & ESG
1
Regulatory Risk
1

Key Assumptions & Mappings

Manager Quality: Based on GP's tenure, AUM scale and realized track record.
Strategy Risk: Underlying asset volatility, liquidity profile and concentration.
Macro & ESG: Portugal/EU political-stability percentile.
Regulatory Risk: Vehicle complexity (UCITS vs. AIF vs. crypto exposures).

Disclaimer: This proprietary risk assessment is for informational purposes only and should not be considered as investment guidance. Risk scores are based on our internal methodology and may not reflect all relevant factors. Past performance does not guarantee future results. Please consult with a qualified financial guidance professional before making investment decisions.

Investment Processing Timeline

Expected processing time: 13-21 days

Overall Progress0% Complete

Initial Review

1-2 days

Document verification and preliminary assessment

Due Diligence

3-5 days

Background checks and compliance verification

Golden Visa Review

5-7 days

Immigration compliance and eligibility verification

Regulatory Approval

3-5 days

Fund-specific regulatory compliance review

Final Approval

1-2 days

Investment committee review and final approval

Important Notes

  • • Processing times are estimates and may vary based on application complexity
  • • Additional documentation requests may extend processing time
  • • Peak periods may result in longer processing times
  • • We'll keep you updated at each stage of the process

Data Freshness

Last Updated:
Data Verified:
Performance Data:
Fees Updated:
Data is 1 days old (Very Fresh)

Portugal Golden Visa Qualified Fund

This fund meets the requirements for Portugal Golden Visa investment with a minimum investment of €280,000

Learn about Golden Visa requirements

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About the Fund

The Flex Space Fund is a specialized private equity fund that capitalizes on Portugal's undersupplied flex office market. The fund invests 100% in district.space, a Portuguese coworking and flex office brand with strong ESG principles. Key Investment Highlights: • Single-asset focus on district.space, a flex office operator with prime Portuguese locations • Portugal's flex office market represents only 4% of office stock vs. 12% in London, indicating significant growth potential • First location in Setúbal reached 70% occupancy within months of opening in October 2024 • Expansion planned to Braga, Lisbon, and Porto in 2025 • Pre-secured buyer for guaranteed exit strategy • Annual dividend distributions starting from year 2 The fund benefits from Insula Capital's extensive real estate expertise and €1.5 billion in assets under management across 21 funds. District.space integrates ESG principles into all operations, including partnerships with social enterprises like Café Joyeux.

Important Notice for Investors

Investment in funds involves risks, including the possible loss of principal. Please read all fund documentation carefully before making any investment decisions. Past performance is not indicative of future results.

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