DB Real Estate (DB RE), an investment holding of the Di Bartolo Family, invested in Aurum which owns 75.02% Atlas, a financial investor in private capital and real estate (see here a previous post by BeBeez). DB RE and Atlas aims to launch a 200 million euros fund that will invest in build to rent assets. Atlas also belongs to IBL Banca (19.99%) and Miro (4.99%). Emiliano Di Bartolo and Giacomo Di Bartolo are the founders of DB Real Estate.
Neptune, a joint venture that Spains Neinver signed with TIAA (the owner of Nuveen Real Estate fka TH Real Estate), carried on a refinancing for its shopping centres based in Spain (310 million euros) and in Italy (170 million) (see here a previous post by BeBeez). Neptune owns Nassica and The Style Outlets in Madrid and Barcelona. The company reached an agreement with BNP, Crédit Agricole CIB, Natixis CIB, Banco Pichincha España, CA Indosuez Spain, Goldman Sachs asset management, and Banco Santander that provided a five – years green facility. Neptune alse made an agreement for a five-years refinancing with Crédit Agricole CIB and Natixis CIB for The Style Outlets based in the North of Italy.
Yeldo, a fundraiser for real estate assets, said that its Luxembourg vehicle Y-Milano Fund sold two Italian assets that previously attracted 18 million euros in 2021 and 2022 in 24 and 16 months with an annual yield of 16% and 14% (see here a previous post by BeBeez). The investors cashed 24 million. DeA Capital Real Estate supported the projects development. The first asset is a portfolio of three residential buildings based in Milan’s Via Socrate, Via Mambretti and Via De Rolandi for which SA Architecture carried on the projects. The other asset is in Milan’s Viale Certosa. Antonio Borgonovo and Lorenzo Belloni are the ceo and chief investment officer di Yeldo Group.
Leonardo Maria Del Vecchio created Turati Club a vehicle for real estate investments that appointed Marco Talarico as ceo (see here a previous post by BeBeez). Turati Club aims to acquire the residential units of Milan’s Palazzo Smeraldo, an asset that Oscar Farinetti acquired in 2011 for Italian high-end food retailer Eataly and later sold in 2022 for 60 million to Coima. Del Vecchio is holding talks with Unicredit for a credit line of 250 million euros.
German real estate investor Patrizia acquired two 36800 sqms logistics poles based in Rome and Bologna worth a total of 50 million euros and for which Fedex, Widem and Stellantis &You signed lease agreements (see here a previous post by BeBeez). Scannell Properties developed such assets with the EPC A and Breeam certifications in 2021 and 2022 in accordance with high ESG standards. Dils assisted Scannell Properties. Patrizia retained Simmons and Simmons, Pirola, JLL, CBRE, and Milano Notai. Banca CF+ financed the VAT of the transaction
Juno, a fund that Kryalos manages and that attracted Blackstone resources, acquired two Milan-based 15400 sqms last-mile logistic assets (see here a previous post by BeBeez). Paolo Bottelli is the ceo of Kryalos.
Paris-listed financial firm Eurazeo raised 813 million euros through its wealth management channels (see here a previous post by BeBeez). Christophe Bavière and William Kadouch-Chassaing are the co-ceos of Eurazeo. Julien Trezza, the head of fundraising for Southern Europe and Francesco Orsi, Italy’s managing director, said to BeBeez that the firm is keen on partnership proposals from Italian wealth managers for selling alternative assets products to retail investors.
