Kervis acquired an office building in Milan to reconvert into apartments

23 January, Bebeez

Kervis Sgr acquired for an undisclosed amount an office building in Nolo (North of Loreto), Milan, from Principal Asset Management, acting on behalf of Veld Capital, to reconvert into residential units. The property covers 9,000 Sqm and is located in Via Stamira d’Ancona, near Turro metro station.

Source: Bebeez

 

Zeitgeist Asset Management acquired Midas Hotel in Rome

18 January, Monitor Immobiliare

Zeitgeist Asset Management Italia announced the acquisition from Varde Partners of Midas Hotel in the Aurelio neighbourhood of Rome. Built in 1973 and renovated in 2021, the hotel offers 349 rooms, meeting rooms, three restaurants, tennis courts, and many other amenities.

Source: Monitor Immobiliare

Borio Mangiarotti to develop a residential area in Via Fiuggi, Milan

09 January, Monitor Immobiliare

Borio Mangiarotti acquired for €20 million two adjacent industrial buildings in Via Fiuggi, Milan, which will be demolished to create 40 apartments covering 3,000 Sqm in total. The construction works are expected to start at the beginning of 2024.

Source: Monitor Immobiliare

Kryalos sold an office building in Milan to Inarcassa

04 January, Bebeez

Through its real estate investment fund Virtus, Kryalos sold an office and retail property in Milan to Inarcassa. Located near Piazza Duomo and Piazza San Babila in Via Verziere, the asset has been recently renovated and consists of two connecting buildings.

Source: Bebeez

 

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

REAM SGR acquired two assisted living facilities in Turin

14 December, Monitor Immobiliare

REAM SGR completed the acquisition of two assisted living facilities, respectively RSA Lancia and RSA Caraglio, in Turin for about €45 million. The asset covers a total surface of 26,100 Sqm and offers 200 beds. The site has been recently divided into two separate facilities following renovation work.

Source: Monitor Immobiliare

Translator: Cristina Ambrosi

Kryalos acquired two logistic assets near Rome and Verona

12 December, Monitor Immobiliare

Through its closed-end real estate investment fund Thunder III, Kryalos completed two new acquisitions in the logistics segment. The first transaction concerns an asset covering 6,000 Sqm in Pomezia (Rome). The site is fully let to multiple tenants operating in the pharmaceutical sector. The second property is located in Bovolone (Verona), has a 16,000 Sqm surface and is entirely occupied by a pharmaceutical wholesaler.

Source: Monitor Immobiliare

Translator: Cristina Ambrosi

Kryalos sold an office building in Milan to Macquarie for €119 mln

17 November, Monitor Immobiliare

Through its closed-end real estate investment fund All Star, Kryalos Sgr sold to Macquarie Asset Management an office building in Porta Romana, Milan, for €119 million. Built at the beginning of the 20th century and completely renovated in 2020, the asset complies with all the sustainability criteria and is BREEAM certified. The building covers 20,600 Sqm and is leased to companies operating in the fintech, green energy and food & beverage sectors. Kryalos will continue to manage the asset on behalf of the buyer.

Source: Monitor Immobiliare

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

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