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Thursday, March 28, 2024

Pavia e Ansaldo advises Threestones Capital on the acquisition of its 11th residence in Spain

Law firm Pavia e Ansaldo has advised the Luxembourg fund manager Threestones Capital Management S.A. on the acquisition of the elderly care home 'Nuestra Señora de Guadalupe' (Cáceres) by the TSC Eurocare IV Real Estate Fund

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With this new acquisition, Threestones has increased its portfolio of residential centres in Spain to eleven.

Threestones Capital Management S.A. is an asset management company specialising in real estate, operating under the supervision of the Luxembourg financial authorities (CSSF) in accordance with European financial regulations. The transaction represents the group’s eleventh investment in Spain, which began with the acquisition in 2018 of the Cambrils Suite residence in the province of Tarragona and continued earlier this year with the purchase of the CleceVitam Otazu (León) and Palacio de Leceñes (Asturias) residences. All these operations are part of an investment strategy throughout Spain.

Pavia e Ansaldo has advised TCM with a team comprising the partner in charge of the Barcelona office, Meritxell Roca Ortega, and associates Javier Vicente and Adriano Belloni.

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