“Toscana Ville Etrusche” fund

The “Toscana Ville Etrusche” fund is based on properties from private companies. It is an Italian closed-end real estate investment fund reserved for Professional Investors.

The SGR established the Fund by resolution of its Board of Directors of 29 September 2009. The Regulation was approved by Bank of Italy on 1 February 2010.

Casine
Casine
Gelso1
Pano
Pano2

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Additional Info

  • Fund type Italian closed-end real estate investment fund reserved for professional investors financed by cash and contribution.
  • Management Company FINEV SGR S.p.A.
  • Investors Fund reserved only to qualified investors
  • Investment Period Fifteen-year term after subscription closing. Option to request, upon expiry, an extension by three more years (grace period) to disinvest the Found assets.
  • Size the amount of the Fund is set between a minimum of € 50,000,000 and a maximum of € 200,000,000
  • Asset Allocation investment in whole prestigious buildings, located mainly in Italy and mainly in Tuscany. The investment activities are mainly about property development and redevelopment initiatives on properties for rural, industrial, commercial, housing, healthcare-related or tourist accommodation use.
  • Depositary Bank Banco Popolare Società Cooperativa

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