10 April 2019 – Voz Pópuli
The De Agostini group has announced its decision to make its debut in Spain and Portugal, where it will operate through DeACapital Real Estate Iberia.
The firm has been constituted as a joint venture, owned 72% by the Italian group DeA Capital S.p.A. and 28% by the local management team, led by Koldo Ibarra as the CEO.
The new company will primarily invest in offices and logistics assets across the Iberian peninsula.
DeA Capital S.p.A. is currently the largest Alternative Asset Management platform in Italy with assets under management worth €11.2 billion.
Original story: Voz Pópuli (by Alberto Ortín)
Translation/Summary: Carmel Drake