TECROWD 98th Fund 'Mongolia Premium Residence Edelmont #02' Launches with 14% Yield

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.