The shareholders of Grandi Stazioni Retail (GSR), the firm that manages the lease contracts and advertising for 14 main Italian rail stations, hired UBS for selling the asset (see here a previous post by BeBeez). In 2016, Antin Infrastructure (65.32% owner), Icamap (23.12%) and Borletti Group (11.56%) acquired GSR from Ferrovie dello Stato and Eurostazioni (a firm that belongs to Edizione, Vianini lavori, Pirelli, and Sncf) for one billion euros. GSR is of interest to ADIA, Mubadala, QIA, Predica (part of Crédit Agricole Assurance), Altarea, and EQT. The transaction could be worth 1.5 billion.
Fedrigoni Group, an Italian special papers producer that belongs to Bain Capital and BC Partners, carried on a 280 million euros sale & lease back deal (see here a previous post by BeBeez). The company sold to WP Carey 16 production plantis based in Italy, Spain and Germany for a total of 414000 sqms. CBRE, Studio Pirola Pennuto Zei & Associati, Studio Inzaghi, Gianni & Origoni, Pérez-Llorca, Reius, and WSP advised Fedrigoni Group. Chiomenti, Linklaters and Reed Smith assisted WP Carey. Marco Nespolo is the ceo of Fedrigoni Group.
Fondo Immobiliare primo RE, a vehicle of CNPADC (the pension fund of Italian chartered accountants) that Prelios manages, sold a Rome-based asset of 3500 sqms that acquired in 2017 for 18 million euros from SIPIL (see here a previous post by BeBeez). Colliers Italia and Linklaters acted as advisors. Enel previously rented the building for which an international institution signed a lease contract. Primo RE has resources of 300 million while its portfolio is worth 346 million according to a report of CBRE Valutation. Patrick Del Bigio is the ceo of Prelios.
Italy’s Piedmont Region transferred six real estate assets in Fondo i3-Sviluppo Italia, a vehicle of Invimit (a firm of the Italian Ministry of Economy and Finance – MEF) (see here a previous post by BeBeez). One of the building is in Bruxelles. The transaction is worth in the region of 18 million euros.
Italian logistic and transport company Bracchi, that belongs to Argos Wityu, Anima Alternative and Clessidra Private Debt Fund since December 2023, invested two million in fashion hubs based in the North Eastern Italian region of Veneto (see here a previous post by BeBeez).
