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Article R214-86 of the French Monetary and Financial Code

Undertakings for collective investment in real estate must invest at least 20% of their real estate assets in buildings constructed, rented or offered for rent. The conditions for assessing this 20% ratio are those set out in I and III of article R. 214-87.

Original in French 🇫🇷
Article R214-86

L’organisme de placement collectif immobilier doit employer au moins 20 % de ses actifs immobiliers en immeubles construits, loués ou offerts à la location. Les conditions d’appréciation de ce ratio de 20 % sont celles prévues au I et III de l’article R. 214-87.

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