Exact moduli spaces for N=2, D=5 freely acting orbifolds

We use freely acting asymmetric orbifolds of type IIB string theory to construct a class of theories in five dimensions with eight supercharges whose moduli spaces for vector multiplets and hypermultiplets can be determined exactly. We argue that no quantum corrections to these moduli spaces arise. We focus on examples in which all moduli are in the NS-NS sector, while all fields from the R-R sector become massive. The full symmetry group of the moduli space is then determined by the subgroup of the T-duality group that survives the orbifold action. We illustrate this for freely acting orbifolds of type IIB string theory on T⁵ with 0, 1 or 2 hypermultiplets.