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Breadcrumb

II - Investment products
II. 1 - Collective investment schemes (CISs)
II. 1.3. Specific provisions applicable to CISs open to all subscribers
II. 1.3.2. Specific provisions applicable to Funds open to non-professional investors
Authorisation and establishment processes for a KIID and a prospectus and periodic information for real estate collective investment undertakings and professional real estate collective investment undertakings
  • Applicable from 1 September 2021
  • Instruction DOC-2011-23

Authorisation and establishment processes for a KIID and a prospectus and periodic information for real estate collective investment undertakings and professional real estate collective investment undertakings

Document

Summary

Instruction DOC-2011-23 details the rules applicable to real estate collective investment undertakings and professional real estate collective investment undertakings regarding the authorisation process, the preparation of a key investor information document (KIID) and a prospectus, and periodic information. In particular, it provides details about the creation of these funds, changes to a real estate collective investment undertaking or a professional real estate collective investment undertaking (subject to pre-approval/subject to ex-post notification) during its life, and the procedures for notifying investors and the AMF.

Reference texts