POLIS TRE FUND
The Polis Tre Fund is an alternative closed-end real estate investment fund reserved for professional and non-professional investors. The product began trading operations on December 22, 2010.
The purpose of the Fund is to invest in and manage the assets it has collected, in order to achieve a medium to long term valorisation of the assets being invested and to maximize the divisible balance, namely the end net result to be distributed among the shareholders. The Fund invests no less than two-thirds of its total value in real estate and/or rights in rem, as well as in real estate companies. Furthermore, the Fund’s assets may be invested, to a residual extent and in any case not exceeding one third of its total value, in financial instruments and other assets.
Real estate investments can be made for the purpose of development, valorization and trading, or with a view to gaining income from the property holdings.
The Fund’s assets are located in northern and central Italy, and their intended uses are mainly for instrumental and logistic-productive purposes.
On 21 December 2022, the Board of Directors of Polis Fondi SGR resolved the early liquidation of the Fund, as well as the extension of the duration of the same for 6 months for the completion of the disinvestment of the investments in the portfolio (so-called “grace period”).
