Le Brughiere Fund
Le Brughiere Fund

LE BRUGHIERE FUND (in liquidation)

The Le Brughiere Fund is a closed-end alternative real estate investment fund reserved for professional and non-professional investors launched on 13 April 2006. On 1 January 2013 Polis Fondi SGR took over the Fund management, replacing another SGR. The Fund’s purpose is to provide professional and dynamic management of the Fund’s assets in order to increase their initial value and maximize the divisible balance, namely the end net result to be distributed among the shareholders.
To achieve these purposes, the Management Company adopts an investment strategy focused on the development, conversion, restructuring and parceling of real estate areas for sale to third parties.
The assets held by the portfolio are mainly for residential use and are located in Lombardy.

PRODUCT FEATURES

DENOMINATION/NATURE
LE BRUGHIERE FUND – Reserved Closed-End Alternative Real Estate Investment Fund
MANAGER
Polis Fondi SGR.p.A.
RECIPIENTS
Professional and non-professional investors
DURATION
10 years + extension period not exceeding 5 years + 3-year grace period.
ASSET ALLOCATION STRATEGY
Development/trading
DESTINATION
Residential
START DATE OF OPERATIONS
13/04/2006
TARGET INTERNAL RATE OF RETURN (IRR) OF THE FUND
Equal to 6% annual compound.
PROFIT DISTRIBUTION REGIME
Option to proceed with distributions
DEPOSITARIO
Banca Popolare di Sondrio S.c.p.A.

DOCUMENTS

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