“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

Download Project Brochure

Download Fund Settlement

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 real estate whole prestige, located mainly in Italy and mainly in Tuscany. The activities are made substantial investment in property development and redevelopment initiatives relating to rural property for use, industrial, commercial, housing, health and tourist accommodation.
  • Leverage Coefficent the Fund may borrow up to 60% of the value of the property, real rights and shareholdings in real estate companies, and no more than 20% of the value of the other assets of the Fund.
  • Depositary Bank Banco Popolare Società Cooperativa

Managed Funds

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