TECROWD 98th Fund 'Mongolia Premium Residence Edelmont #02' Launches with 14% Yield
TECRA Co., Ltd. launches TECROWD 98th Fund 'Mongolia Premium Residence Edelmont #02' on June 5, 2026. Targeting Phase 2 of the project in Ulaanbaatar, Mongolia, it offers an expected annual yield of 14.0%.
📋 Article Processing Timeline
- 📰 Published: June 5, 2026 at 17:00
- 🔍 Collected: June 5, 2026 at 08:20
- 🤖 AI Analyzed: June 6, 2026 at 20:35 (36h 14m after Collected)
TECRA Co., Ltd. will start recruitment for the TECROWD 98th Fund 'Mongolia Premium Residence Edelmont #02' on June 5, 2026. The fund targets the second phase of the 'Edelmont Project' under development in Ulaanbaatar, Mongolia. It is a capital gain type fund that aims to acquire 54 units under construction in two apartment buildings (Buildings A and D) and resell them to a local developer after completion for redemption and dividends. The expected annual yield is 14.0%, and the operation period runs from June 11, 2026, to August 10, 2027, with redemption planned for September 10, 2027. All transactions are yen-denominated to eliminate currency exchange risks for investors. Additionally, the fund utilizes a preferred-subordinated structure, where the company's subordinated investment absorbs initial losses up to its contribution amount to protect investor capital.
FAQ
What is the expected annual yield of the TECROWD 98th Fund?
The expected annual yield is 14.0%.
When does the recruitment for the fund begin?
Recruitment begins on June 5, 2026, at 18:00 JST.
What properties does the fund invest in?
The fund acquires 54 private apartment units under construction in Phase 2 of the Edelmont Project in Ulaanbaatar, Mongolia.
How is foreign exchange risk managed for investors?
All fund transactions and contracts are yen-denominated to eliminate currency exchange risks.
What is the investment period and timeline?
The operation period is from June 11, 2026, to August 10, 2027, with redemption and dividend distribution scheduled for September 10, 2027.