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alternative Assets News: Italian Real Estate Intelligence

Finint acquired two buildings in Padua to be converted into student residences
16 December, Bebeez Finint Investments sgr announced the acquisition of two high-rises in Padua to turn into student halls. The transaction was carried out through the fund Pitagora, which aims at investing a total of €100 million in student housing to offer approximately 1600 beds by renovating existing properties located in the main Italian university towns. Source: Bebeez Translator: Cristina Ambrosi
 
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