Carestone Property Fund is a sub-fund of Bluestone Real Estate Fund S.C.A.. Bluestone Real Estate Fund and its units have not been authorized for public distribution. Bluestone Real Estate Fund is only subject to the supervision of the “Commission de Surveillance du Secteur Financier” in the Grand Duchy of Luxembourg and its units are restricted and are suitable only to certain eligible and sophisticated investors, on a private offering basis.

This website uses cookies to store information on your computer. By accessing this site, you consent to the placement of cookies on your machine as described in the privacy policy. If you do not consent to the use of cookies, please either disable cookies or refrain from accessing this site or any pages thereof.

Nothing contained on this website constitutes tax, accounting, regulatory, legal, insurance or investment advice. Neither the information, nor any opinion, contained on this website constitutes a solicitation or offer by Bluestone Real Estate Fund or its affiliates to buy or sell any securities, futures, options or other financial instruments, nor shall any such security be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction. Decisions based on information contained on this website are the sole responsibility of the visitor. In exchange for using this website, the visitor agrees to indemnify and hold Bluestone Real Estate Fund, its officers, directors, employees, affiliates, agents, licensors and suppliers harmless against any and all claims, losses, liability, costs and expenses (including but not limited to attorneys' fees) arising from your use of this website, from your violation of these terms or from any decisions that the visitor makes based on such information.

The investments and strategies discussed in the website may not be suitable for all investors and are not obligations of Bluestone Real Estate Fund or its affiliates or guaranteed by Bluestone Real Estate Fund or its affiliates. Bluestone Real Estate Fund makes no representations that the contents are appropriate for use in all locations, or that the transactions, securities, products, instruments, or services discussed on this site are available or appropriate for sale or use in all jurisdictions or countries, or by all investors or counterparties. By making available information on the website, Bluestone Real Estate Fund does not represent that any investment vehicle is available or suitable for any particular user. All persons and entities accessing the website agree to do so on their own initiative and are responsible for compliance with applicable local laws and regulations.

All investments involve risk and may lose value. The value of your investment can go down depending upon market conditions. Before acquiring the shares of any investment fund by purchase or exchange, it is your responsibility to read the fund's prospectus or offering materials.

This website is for information purposes only and is not intended to be relied upon as a forecast, research or investment advice. The information on this website does not constitute a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Although this material is based upon information that Bluestone Real Estate Fund considers reliable and endeavors to keep current, Bluestone Real Estate Fund does not assure that this material is accurate, current or complete, and it should not be relied upon as such. Any opinions expressed on this website may change as subsequent conditions vary. Past performance is no guarantee of future results.


Privacy policy

Privacy statement website 

Who are we? 
Bluestone Real Estate Fund S.C.A. (Subfund Carestone Property Fund)
42, Rue de la Vallée
2661 Luxembourg

Bluestone Real Estate Fund S.C.A. processes personal data in accordance with this privacy statement. For further information, questions or comments regarding our privacy policy, please contact Frederik Denys at f.denys@cygnus-invest.com.

Processing purposes  

  • If using Google Analytics:

When you surf to our website, we store certain information from you in statistics (Google Analytics). This information includes the browser type, IP address, the operating system you use and the domain name of the website that you guided you to our website. We use these statistics to analyze the surfing behavior of our visitors. Based on this, we can optimize our website for our users. The statistics are completely anonymous.

Personal data are processed for various purposes. However, we ensure that we only collect and process the data that is adequate, relevant and limited to what is necessary for the purposes for which it is processed.

Bluestone Real Estate Fund S.C.A. collects and processes customer’s personal data for customer and order management (including customer administration, follow-up of orders / deliveries, invoicing and sending marketing and personalized advertising).

Legal grounds for processing

If you fill in the contact form on our website , we will keep the personal details. We store your first name, last name, telephone number, e-mail address, message, IP address and time of sending reliably.

When you subscribe to our newsletter , we store your e-mail address. We need this so as a company we have the ability to send you our newsletter. Your e-mail address is stored securely at Mailchimp. Mailchimp secures your data and is part of a certified EU-US Privacy Shield Framework and respects your privacy.

If you are a customer with us, we also store your contact and billing information. These data are necessary for the cooperation to run smoothly.

Transfer to third parties

Only Bluestone Real Estate Fund S.C.A. uses your data. We therefore DO NOT share your data with third parties.

Storage period

Personal data may of course not be kept longer than necessary for the purposes for which they are processed. In that respect, the storage period can also variate, depending on the purpose.

What are your rights?

  1. Right to inspect and correct, change or delete data

The customer has the right to inspect all personal data that we collect from them. Any incorrect or incomplete data can be changed or removed.

  1. Right to be forgotten

A visitor / customer always has the right to have his data removed from our databases.

  1. Right to file a complaint

If the customer is of the opinion that we have processed his data unlawfully, the customer has the right to file a complaint to the Privacy Commission www.cnpd.lu.

This version of the privacy statement was last modified on 22/05/18.


Rachel Beljulji

Mark Norman