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Funds Managed by Insula Capital SGOIC

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.

Main Region

Portugal (100%)

Target Return

11.65% IRR

Mgmt Fee:
Gated
Perf Fee:
Gated
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About Our Funds

Established 2024
Portugal
20M Fund Size
Private Equity
Open
11.65% IRR Target Return

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.

Investment Highlights

  • • Minimum investment: €100,000
  • • Management fee: 1.5% annually
  • • Fund term: 8 years
  • • Regulated by: CMVM
  • • ✅ Golden Visa eligible investment

Frequently Asked Questions

FAQs about Flex Space Fund

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