FIMIT, after the successes with the Alpha and Beta Funds, launched Delta Fund, the first retail real estate fund dedicated to tourist activities. Delta Fund – Closed-end Real Estate Fund, was successfully placed under the Public Offer for Subscription, which was completed on 15 December 2006.
Since Wednesday 11 March 2009 the units of the Fund was tradable on Borsa Italiana’s MIV Segment.
The Delta Fund was designed for retail clients and qualified investors.
Delta Fund initially specialized in investments in the tourist-hotel sector. Over 2009 FIMIT has been going on building the real estate portfolio, diversifying the strategy of the Fund through the investment in an office building located in Milan and the acquisition of a real estate portfolio comprised of 5 assets used as multiplex (cinemas).
Delta fund closed ( de-listed and liquidated) from December 2017.