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

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

Savills sold the Hi Green building in Eur, Rome

04 October, Bebeez

Savills Investment Management SGR sold the Hi Green building in Via Ravà, Eur, one of the most dynamic districts in Rome. The building currently accommodates primary standing companies, has a 7,880 Sqm leasable area and develops over six floors.

Source: Bebeez

Translator: Cristina Ambrosi

iAM Capital Group acquired trophy asset in Rome

28 September, Monitor Immobiliare

Through the iAM Hospitality Fund, managed by Castello Sgr, iAM Capital Group acquired a trophy asset on the river Tiber waterfront, Rome. The property develops over five floors and covers a 5,719 Sqm surface. iAM Capital Group plans to convert it into a five-store hotel, offering 70 rooms, a restaurant, a spa, and a panoramic terrace.

Source: Monitor Immobiliare

Translator: Cristina Ambrosi

GLP to open its first warehouse in Italy

23 September, Mark Up

Leading logistics company GLP is about to start its first development in Italy with a grade A warehouse in Colleferro, Metropolitan City of Rome, covering a 24,000 Sqm gla. The site will be implemented according to the ESG criteria and ready by Q3 2023. Dils has been appointed to market the spaces.

Source: Mark Up

Translator: Cristina Ambrosi

Palazzo Marini in Rome to become a Four Seasons hotel for €165 mln

12 September, Bebeez

Millennium Luxury Fund, managed by Dea Capital, acquired the historical building Palazzo Marino, located in Piazza San Silvestro, Rome’s old town, for €165 million from Scarpellini. The fund aims to convert it into a luxury hotel under the Four Seasons brand.

Source: Bebeez

Translator: Cristina Ambrosi

Palazzo Marini in Rome to become a Four Seasons Hotel

22 June, Corriere della Sera

Palazzo Marini, in Piazza San Silvestro, Rome old town, was bought for €165 million by Fort Partners from the developer Scarpellini. The property will likely be converted into a luxury hotel, allegedly under the Four Seasons brand.

Source: Corriere della Sera

Translator: Cristina Ambrosi

DeA Capital sold trophy asset in Rome for €175 mln

30 June, LinkedIn

DeA Capital SGR sold the former Federconsorzi HQ in Piazza Indipendenza, Rome, to Allianz Group for €175 million. The property, which is a listed building due to its architectural value, had been entirely renovated by DeA Capital and is LEED Gold certified.

Source: LinkedIn

Translator: Cristina Ambrosi

Scannell acquired 7,800 Sqm last-mile logistic park in Rome

17 June, Bebeez

Scannell Properties, a real estate investment and management company specialising in logistics, expanded its Italian portfolio by acquiring a last-mile logistic park in Via Birolli, Rome city centre. The asset covers 7,800 Sqm.

Source: Bebeez

Translator: Cristina Ambrosi

ZeitGeist acquired Irideos HQ in Rome

26 May, Bebeez

Czech real estate asset manager ZeitGeist made its first acquisition on the Italian market, signing the preliminary agreement to acquire a recently requalified office building in Colli Aniene neighbourhood (Rome). The asset is currently leased to Irideos. ZeitGeist plans to invest up to €500 million in the Italian market.

Source: Bebeez

Translator: Cristina Ambrosi