Pavia e Ansaldo has advised Threestones Capital on the acquisition of its tenth residence in Spain
Pavia e Ansaldo has advised the manager of the Luxembourg funds Threestones Capital Management SA, on the acquisition of the Palacio de Leceñes residence for the elderly (Asturias), by the recently created TSC Eurocare IV Real Estate Fund. Threestones has subsequently expanded its portfolio of residential centers in Spain to ten.
Threestones Capital Management S.A. is an asset management company specialised in the field of real estate that operates under the supervision of the Luxembourg financial authorities (CSSF), in accordance with European financial regulations. The operation represents the group’s tenth investment in Spain, which began with the acquisition in 2018 of the Cambrils Suite residence in the province of Tarragona and continued in January this year with the acquisition of the CleceVitam Otazu residence in León. All operations are within the scope of an investment strategy throughout the national territory.
Advising on the deal from Pavia consisted of a team that incuded the partner responsible for the Barcelona office, Meritxell Roca Ortega (pictured left) and associates Javier Vicente García (pictured top right) and Adriano Belloni Román (pictured bottom right).