Transaction / Assets Retail building in RomeSeller NABuyer AEW€ MM 22
Prelios Integra assisted AEW in the acquisition of a property in Rome
19 November, Prelios
Prelios Integra (Prelios Group), the leading Italian company providing integrated real estate services, assisted AEW in the purchase of a property in Via del Corso in Rome on behalf of the real estate fund AEW Europe City Retail Fund.
The transaction is worth 22 million euro in total. Prelios acted in the role of advisor for the technical- real estate due diligence activities. The building is vacant at the moment, and it has a total surface of 875 Sq m developed over five floors.
Daniela Marta, Head of Due Diligence for Prelios Integra, commented: “we’ve been proactive with an in-depth analysis and a careful monitoring during the statutory compliance activity till the finalisation of the operation”.
Lorenzo Barbagli, Business Development for Prelios Integra, said: “we collaborated very well with the AEW Italian team, and this is one of the operations we’ve worked on together. Retail is a very important asset class for us, and we have the right background and a proven track record which make us very competitive”.
Source: Prelios
Translator: Cristina Ambrosi