28 September, Monitor Immobiliare
Through the iAM Hospitality Fund, managed by Castello Sgr, iAM Capital Group acquired a trophy asset on the river Tiber waterfront, Rome. The property develops over five floors and covers a 5,719 Sqm surface. iAM Capital Group plans to convert it into a five-store hotel, offering 70 rooms, a restaurant, a spa, and a panoramic terrace.
Source: Monitor Immobiliare
Translator: Cristina Ambrosi
23 September, Mark Up
Leading logistics company GLP is about to start its first development in Italy with a grade A warehouse in Colleferro, Metropolitan City of Rome, covering a 24,000 Sqm gla. The site will be implemented according to the ESG criteria and ready by Q3 2023. Dils has been appointed to market the spaces.
Source: Mark Up
Translator: Cristina Ambrosi
28 September, Monitor Immobiliare
Through the closed-end real estate investment fund Thunder III, Kryalos Sgr completed the acquisition of a logistic property in Stezzano (Bergamo). The asset was built in 1974 and renovated in 2010, covering about 21,000 Sqm and featuring 28 loading docks.
Source: Monitor Immobiliare
Translator: Cristina Ambrosi
23 September, Monitor Immobiliare
AbitareIn signed the preliminary agreement to sell a development and urban renewal project in the former Plasmon production plant, in Via Cadolini, Milan, to Supernova for €72 million. Located near Porta Romana, the site covers 31,000 Sqm and will be converted into mixed-use properties.
Source: Monitor Immobiliare
Translator: Cristina Ambrosi
22 September, Monitor Immobiliare
Marriott International Inc. entered an agreement with Bain Capital Credit and Omnam Group to inaugurate a hotel under the brand EDITION in Lake Como. The hotel, which will open in 2025, has been developed through a fund managed by Kryalos. The property will offer 145 rooms, a lobby bar, a swimming pool and several restaurants.
Source: Monitor Immobiliare
Translator: Cristina Ambrosi
21 September, Bebeez
Cordifin, a company operating in the aluminium, zinc and copper sector, acquired for €26.5 million a 200,000 Sqm logistic area located in the freight terminal Interporto Quadrante Europa, near Verona. Swiss group Hangartner is in charge of the logistic management of the facilities. The operation was funded for €21 million by Illimity Bank.
Source: Bebeez
Translator: Cristina Ambrosi
19 September, Bebeez
British asset manager Barings sold an entire building in Viale Cassala, Milan, to a German institutional investor. Recently requalified, the asset covers 8,700 Sqm and is close to Porta Genova metro station. The property is leased long-term to three tenants, while the lease agreements for the retail part of the building are currently in progress.
Source: Bebeez
Translator: Cristina Ambrosi
19 September, Monitor Immobiliare
Generali Real Estate completed the acquisition of Cortile della Seta, a mixed-use trophy asset located in the Brera district of Milan. The area consists of office space for 19,000 Sqm and 2,000 Sqm of retail space, including terraces covering 1,400 Sqm on different levels. The property is leased long-term to companies such as LVMH and Kering. Cortile della Seta had been entirely renovated by the seller and is WELL Core Platinum- and LEED Gold-certified.
Source: Monitor Immobiliare
Translator: Cristina Ambrosi
15 September, Bebeez
Invesco Real Estate bought from Coima Res Siiq an office building in Via Deruta, Milan, for €40 million. Built in 2007 and covering 13,650 Smq in total, the property had accommodated BNL BNP Paribas in the past. Invesco will requalify the building according to the highest ESG criteria.
Source: Bebeez
Translator: Cristina Ambrosi
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