French private capital investor Ardian said it acquired a 4000 sqms building in Milan’s Via Giuseppe Revere 3 (Corso Magenta area) for refurbishing wtih an ESG approach (see here a previous post by BeBeez). Sources said to BeBeez that Ardian Real Estate European Fund II (AREEF II) acquired a stake of AREEF 2 – Rêve, a special purpose vehicle for the purchase of this asset that InvestiRE will manage. The sources also said that the building belonged to Cà Granda, a vehicle of InvestiRE. Gattai, Minoli & Partners, Yard Reaas and Fivelex Studio Legale e Tributario assisted the buyer. The vendor retained Dils.
KSL Capital Partners, an US private equity with a focus on travel & leisure, said it acquired the majority of Sereno Hotels, a company that belongs to the Contreras Family and that owns Lake Como-based luxury assets Il Sereno and Le Sereno in Saint-Barthélemy (see here a previous post by BeBeez). Since 2005, KSL raised more than 21 billion US Dollars for private equity, private credit and tactical opportunities funds.
Sources said to BeBeez that Casa Mia, an even joint venture of Israeli’s Zed Holding and Union Investments & Development, attracted a 20 million euros financing facility from Banco BPM (see here a previous post by BeBeez). The jv will invest such proceeds in the develoment of a students house in Padua’s former Convitto del Sacro Cuore. The building will host 400 tenants. The financing facility will mature on 31 December 2033. RSM Palea Lauri Gerla structured the transaction, while the buyers retained Sergio Dal Prà and IPG Lex&Tax as advisors. Grimaldi Alliance assisted Banco BPM.
Banca Progetto supported Dema Hotels, a company that belongs to Fabrizio Pacini, for the acquisition of two hotels in Venice ahead of merging them and create a luxury asset ready in 1Q24 (see here a previous post by BeBeez). Mediocredito Centrale provided the warranty for the facility with undisclosed details. Dema Hotels retained KNG and Lucciola & Partners as advisors.
