Green Stone Sicaf launched the Stone 6 sector, dedicated to the purchase of a real estate property in Milan and the subsequent enhancement project, on behalf of a fund managed by AnaCap Financial Partners and of other investors. In the transaction, as in all previous transactions, Green Stone Sicaf was assisted by Fivelex in defining the regulatory profiles of the new sector as well as in negotiating the investment contract with the fund and other investors (see the press release here).
Stone 6 is the sixth compartment for the real estate Sicaf created in June 2017 by the ceo Domenico Cefaly to enhance properties in the cities of Milan and Rome. Sicaf now has six properties in its portfolio, each in the portfolio of a different sector, for a total value of 20 million euros. It has 12 employees.
Last June, AnaCap Financial Partners, in partnership with Green Stone, had taken over two prime properties in Rome (see here a previous article by BeBeez). The fund had in fact bought an office building in the center of the capital to be restored and a residential complex located on top of the Monte Mario hill, with a panoramic view of the city. The property in the semi-center had been sold by the Alpha Fund, managed by DeA Capital Real Estate sgr (see here a previous article by BeBeez).
