Bank Asset Fund VI
Bank Asset Fund VI

BANK ASSET FUND VI

The Bank Asset Fund VI is an alternative closed-end real estate investment fund reserved for professional investors launched on 29 December 2015.
Investors are leading, all-Italian credit institutions. The objectives of the Fund are: to invest in non-capital real estate assets, to acquire properties from auctions and/or bankruptcy proceedings, used to secure any receivables by the same banks, to use a portion of the Fund’s assets to purchase non-performing loans backed by mortgage guarantees.
The Fund’s purpose is the professional management and enhancement of its assets so as to increase their initial value and maximize the divisible balance, namely the end net result to be distributed among the shareholders.
All assets are located in Italy.

PRODUCT FEATURES

DENOMINATION/NATURE
BANK ASSET FUND VI – Closed-end alternative real estate investment fund reserved
MANAGER
Polis Fondi SGR.p.A.
RECIPIENTS
Professional investors
DURATION
10 years + 3-year extension
ASSET ALLOCATION STRATEGY
Trading
DESTINATION
Mixed
START DATE OF OPERATIONS
29/12/2015
PROFIT DISTRIBUTION REGIME
Option to proceed with distributions
DEPOSITARY
Banca Popolare di Sondrio S.c.p.A

DOCUMENTS

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