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alternative Assets News: Italian Real Estate Intelligence

Orange IM and Catella Real Estate AG acquired parking in Milan city centre

Orange IM and Catella Real Estate AG acquired parking in Milan city centre

15 November, Monitor Immobiliare Orange IM and Catella Real Estate AG completed the acquisition of a car park in Milan city centre, developing over eight storeys underground and offering 332 parking spaces. The asset is leased to Apcoa Parking Italia, which manages private car parks throughout Europe. Source: Monitor Immobiliare Translator: Cristina Ambrosi
 
Kryalos acquired four assisted living facilities

Kryalos acquired four assisted living facilities

03 November, Monitor Immobiliare Through the closed-end investment fund specialised in healthcare real estate Euryale Healthcare Italia 1, Kryalos Sgr completed the acquisition of four assisted living facilities for a total of 289 beds. The assets are located near Milan (GLA 2,900 Sqm), Como (4,300 Sqm), Cuneo (3,700 Sqm) and Alessandria (5,200 Sqm). Source: Monitor Immobiliare Translator: Cristina Ambrosi
 
Patrizia to invest €70 mln in student housing in Turin

Patrizia to invest €70 mln in student housing in Turin

30 September, Monitor Immobiliare Patrizia Investment Management plans to enter the Italian student housing market by investing €70 million in the development of student halls in Turin on behalf of an international institutional investor. Specifically, the project concerns the construction of 582 mini-apartments, which will be ready by September 2023. Stonehill, which specialises in developing student halls throughout Europe, has been appointed for the development. Source: Monitor Immobiliare Translator: Cristina Ambrosi
 
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