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Kryalos Sgr: leasing agreement with Spaces for a property in Via Vittorio Veneto, 54 in Rome of the fund All Star. A second office in the Capital will open soon

06 February, Kryalos

Just after the opening of its first business centre in the Capital in EUR, Spaces has chosen another of the assets managed by Kryalos Sgr for the opening of a second location. The property is a trophy asset located in Via Vittorio Veneto, 54 owned by the fund All Star.

The property is in the Rome old town, in the neighbourhood of Ludovisi, 300 metres from the Barberini metro station. The building is composed of one level underground and six floors above ground, covering a surface of approximately 4,000 Sq m, mainly for office use.

The opening of the new Spaces location is expected by the end of 2019 when the fit-out will be completed.

This is a very ambitious and innovative project concerning old town Rome, as it offers more than just a co-working or an office. The space will be dedicated to creativity, with the creation of an actual business community. Thanks to the versatility of its interiors, the area can meet the needs for flexibility of contemporary professionals.

Spaces is a company of the group IWG, which also owns Regus. The company had already chosen in the past two other assets managed by Kryalos SGR for its Milan location. One property is located in Bastioni di Porta Nuova 21, and it belongs to the fund Kensington. The space was inaugurated in May 2017. The other asset is in Via Pola, 11, and it’s owned by the fund Value Add I Italy. The opening is scheduled in March.

Kryalos SGR Ceo Paolo Bottelli commented: “the location in Via Vittorio Veneto confirms the solid partnership between Kryalos and Spaces, to whom we have provided prime properties consistent with the concept and the strategy of Spaces, as well as with the product the company intends to offer”.

Paolo Bottelli concluded: “Moreover, this operation confirms the interest in Rome. The city is experiencing a growth in the business segment concerning high-quality assets”.

“The revolution of workplaces is a reality also in Italy. Concerning the proportion between the dimensions of cities, the existing businesses and the number of spaces, I would say that we’re aligned with the main European cities”, commented Mauro Mordini Spaces country manager for Italy. “In 2014, there were ten spaces in Italy, they were 50 at the end of 2018, and we have a number of new openings in the pipeline for this year. The Italian market of flexible workplaces has still many opportunities to offer”.

Source: Kryalos

Translator: Cristina Ambrosi