Finurbe I Fund
Finurbe I Fund

FINURBE I FUND

The Finurbe I Fund is a closed-end alternative real estate investment fund reserved for professional and non-professional investors that started trading operations on 10 December 2008, and has been in liquidation since 30 October 2014.
The Fund’s purpose was to provide professional management and enhancement of the assets in order to increase their initial value and maximize the divisible balance, namely the end net result to be distributed among the shareholders.
The portfolio assets are residential development areas and residual residential projects located in northern Italy.

PRODUCT FEATURES

DENOMINATION/NATURE
FINURBE I FUND – Reserved Closed-End Alternative Real Estate Investment Fund
MANAGER
Polis Fondi SGR.p.A.
RECIPIENTS
Professional and non-professional investors
DURATION
In liquidation since October 30, 2014.
ASSET ALLOCATION STRATEGY
Development/restructuring/trading
DESTINATION
Mixed
START DATE OF OPERATIONS
10/12/2008
TARGET INTERNAL RATE OF RETURN (IRR) OF THE FUND
Equal to 25% annual compound.
PROFIT DISTRIBUTION REGIME
Option to proceed with distributions
DEPOSITARY
Banco BPM S.p.A.

DOCUMENTAZIONE

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