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Pavia e Ansaldo with Threestones for the acquisition of the twelfth residence in Spain

 

Barcelona, 6 October, 2022 – The Law Firm Pavia e Ansaldo, with a team composed by the partner responsible for the Barcelona office, Meritxell Roca Ortega, and by the associates Javier Vicente and Adriano Belloni, assisted the Luxembourg fund manager Threestones Capital Management S.A. in the acquisition of the residence for the elderly ‘Quercus’ (Ourense) by the fund TSC Eurocare IV Real Estate Fund, established in 2021, with which Threestones extended to twelve its portfolio of residential centers for the elderly in Spain.

 

Threestones Capital Management S.A. is a management company specializing in the Real Estate industry operating under the supervision of the Luxembourg financial authorities (CSSF), in compliance with the European financial laws. The transaction represents the twelfth investment of the fund in Spain, started with the acquisition, in 2018, of the residence Cambrils Suite in the province of Tarragona and continued during this year with the acquisition of the residences CleceVitam Otazu (León), Palacio de Leceñes (Asturias) and Nuestra Señora de Guadalupe (Cáceres). All the transactions are part of the investments strategy on the entire Spanish territory.