21 December, Monitor Immobiliare
Antirion SGR, through the core division of its fund Antirion Global, acquired from BNL Gruppo BNP Paribas two office assets in Rome for about 270 million euro.
The first asset is located in Piazza dell’Agricoltura 24, in the Eur business district and close to the metro line. It consists in a seven-storey building above ground and two levels under ground for a total gross surface of approximately 42 thousand Sq m. It’s a Class A building and a candidate to the Leed Gold certification. The building is entirely leased to the Engineering group.
The second asset is located in Via Lombardia 31 in Rome’s central business districts, close to Via Veneto, Piazza di Spagna and Villa Borghese, as well as to the metro line. The building is class A, and it candidates to the Leed certification. It’s currently undergoing renovation work, and it has a total gross surface of approximately 22,500 Sq m. It will be delivered to EY in the second half of 2019. The leading consultancy firm will be the sole tenant, and it will establish here its Rome offices.
For BNL, this operation is included in a broader optimisation process of its former offices in Rome which started with the development of the new headquarters “Orizzonte Europa”.
Antirion Ceo Ofer Arbib commented: “This investment follows our strategy of geographical diversification with a long-term perspective. The assets we acquired are leased to high-profile tenants and are located in one of the most liquid and appealing areas of the Capital. Rome is still one of Europe’s main cities, it attracts national and international groups, and it still offers high-quality product. Finally, we’re delighted to strengthen our partnership with EY, which is our tenant also for the building in Via Meravigli in Milan”.
Colliers International Italia was the advisor for Antirion SGR, while the law firm PR/LAW acted as a legal advisor. BNP Paribas Real Estate Advisory Italy and CBRE Italy were the commercial advisors for the bank, while Studio Chiomenti was the legal advisor. Bnp Paribas Succursale Italia was the mandated lead arranger and the funding bank for the transaction.
Source: Monitor Immobiliare
Translator: Cristina Ambrosi