Compagnia di Sant’Orsola – Istituto Secolare di Sant’Angela Merici Federazione sold Milan’s Casa Betania to spv San Vittore 49 (see here a previous post by BeBeez). Project Value Real Estate, Synergy RE, Trelawny Trelawny, Studio CAP, Studio Pergami Pototschnig, DFA Partners, and architects firm PBStudio assisted the buyer that did not disclose the acquisition price. However, sources said to BeBeez, that San Vittore 49 has resources of 5.9 million euros, which is just a fraction of the value for the 4500 sqms building. The asset has a market value of 12,000 -14,000 euros per sqm.
Mazer, a fund that Logicor subscribed and Kryalos manages, acquired a 63000 sqms land in Quarrata (Pistoia area) for developing a logistic asset of leasable 23000 sqms (see here a previous post by BeBeez). The development of the Breeam Very Good asset will start in 2Q24 while Logicor will manage it. Graeme Hepburn, is the country manager Italy of Logicor. Paolo Bottelli is the ceo of Kryalos.
DeA Capital Real Estate launched Juniper, a vehicle that Invel Real Estate will manage (see here a previous post by BeBeez). Juniper also said it acquired a building based in Rome (Via Paolo di Dono 223) from AXA Real Estate Investment Managers which acquired the asset in 2014 in the frame of a 114 million euros worth deal that included the purchase of a Madrid-based edifice.
Leadcrest Capital Partners, a fund for sale-leaseback and build-to-suit transactions, acquired two retail assets from Tecnomat (fka Bricoman), a DIY retailer (see here a previous post by BeBeez). Leadcrest concluded through a vehicle of Polis Fondi the lease-back deal for the assets that have a surface in the region of 18000 sqms based in Vicenza (Veneto) and Caserta (Campania). Leadcrest received assistance from Fivelex and Arcadis. Tecnomat retained Bird&Bird. Michele Stella is the ceo of Polis Fondi while Michele Cuoccio is the cfo of Tecnomat Italia.
Hamleys, a toys retailer, and Galleria Iginio Massari, a high-end sweets shop, signed a lease agreement with Rome-based Galleria Alberto Sordi, an asset of Fondo Megas (a vehicle in which Fondazione Enasarco poured its resources and that Prelios manages) (see here a previous post by BeBeez). Sources said to BeBeez that also Mondadori Bookstore, an Italian publishing house, Calvin Klein, Uniqlo, and Havaianas will rent shops in the gallery.
Pio Albergo Trivulzio (Pat), an iconic Milan-based retirement house, signed a letter of intents with Invimit (a company of the Italian Ministry of Economy and Finance – MEF) for launching a real estate fund of 800 million euros (see here a previous post by BeBeez). Pat would contribute to the fund with part of its real estate assets with the aim of reducing its debt.
Blue‘s vehicle Fondo Chirone attracted a 9 million euros financing facility from Alba Leasing for developing Eblò, a project for the restyling of a Turin-based of Italian energy giant Enel (see here a previous post by BeBeez). Blue retained Studio Pession Associato and Immogroup.
Italian Ministry for Corporates and Made in Italy Adolfo Urso agreed to a sale worth 8 million euros of Termini Imerese – Blutec to Pelligra Italia Holding, the Italian subsidiary of Australia’s Pelligra Australia PTY, a real estate developer that belongs to Ross Pelligra, the owner of Italian football team Catania Calcio and Australian club New Perth (see here a previous post by BeBeez). Pelligra Holding Italia committed to hire at least 350 employees of Blutec for 24 months. The asset also attracted the interest of Smart City Group and Sciara Holding that tabled a bid of 1 euro, but committed to invest more than 140 million and hire 1120 persons.
Immobiliallasta.it, an Italian portal that the Italian Ministry for Justice authorized to publish the judicial auctions for real estate assets, raised 0.685 million euros from 178 investors through an equity crowdfunding campaign on Mamacrowd on the ground of a pre-money of 10,4 million (see here a previous post by BeBeez). Reviva is the owner of Immobiliallasta.it which attracted the resources of Giampiero Pelle, Clemente Reale, Fabio Brigante, Stefano Scopigli, and other investors. Ivano de Natale (ceo) and Giulio Licenza (coo) founded Immobiliallasta.it which will invest the raised proceeds in the company’s proprietary technology.
