LC Italy Fund
LC Italy Fund

LC ITALY FUND

The LC Italy Fund is a closed-end alternative real estate investment fund, dedicated to the Sale & Lease Back and Built To Suit strategy.

The first investment, finalized in April 2023, consists of 3 existing assets built in 2013 and 2022, of retail box type, leased to Tecnomat, the Italian B2B branch of the DIY giant Adeo, located in dynamic cities with strong demographic and socioeconomic profiles in northern and southern Italy.

The lease contracts are triple net leases, long-term, with rent indexed annually to the Italian consumer price index.
Two additional big-box retail units are in the pipeline for inclusion in the Fund by the end of 2023.

PRODUCT FEATURES

DENOMINATION/NATURE
LC ITALY FUND – Closed-end alternative real estate investment fund
MANAGER
Polis Fondi SGR.p.A.
RECIPIENTS
Professional investors
DURATION
6 years with the option of extension
DESTINATION
Mixed
START DATE OF OPERATIONS
14/04/2023
DEPOSITARY
Banca Popolare di Sondrio S.p.A.
INVESTMENT STRATEGY
Sale & Lease Back Long term income

DOCUMENTS

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