Gruppo Statuto paid 180 million GBPs (210 million euros) for acquiring Six Senses London, a hotel that will open in early 2025, press reports quoting sources close to tha matter said (see here a previous post by BeBeez). Hong Kong’s C C Land Holdings and Mark sold the asset. Sir Norman Foster and Finchatton are managing the project. Spartan Advisors and Taylor Wessing assisted the vendors while Baker McKenzie advised Statuto.
Paris-listed shopping center operator Klépierre is in advanced talks for acquiring Roma Est mall from Singapore’s GIC which retained Eastdil as advisor (see here a previous post by BeBeez). The investor tabled an above 200 million euros bid. In 2014, GIC acquired 50% of the asset from Cbre Global Investors. Roma Est generates a 10% annual yield. Jean Marie Jestin is the ceo of Klépierre.
Swiss Ultimate Collection, a real estate investor that belongs to Nicola Cortese, will invest 200 million euros for the development of La Maviglia, a resort in Apulia (see here a previous post by BeBeez). Oppenheim Architecture and Enea Landscape Architecture are in charge of the project.
Sources said to BeBeez that Italian co-operative real estate company Gruppo Fin Est Milano is close to achieve a receivership agreement for its 9 million euros debt with Banca di Asti (part of Cassa di Risparmio di Asti) (see here a previous post by BeBeez). The company has a further 1.5 million debt with the Italian Inland Revenue. After an internal restructuring, Versilia spv (part of Centotrenta Servicing) will receive 20 real estate assets from Fin Est through a duty in solutum and will repay the banking debt and the overdue taxes. BMD;lex assisted Fin Est Milano while Versilia spv retained CBA and Finvers.
Redbrick Investment Group, an Italian real estate asset manager that Nicola De Martino and Alexio Pasquazzo founded in 2011, and an undisclosed international firm acquired a 5000 sqms residential building in Milan’s Piazzale Susa (see here a previous post by BeBeez). The buyers financed the deal through a securitization that has the asset as underlaying (see here The BeBeez securitizations Insight View available for the subscribers to BeBeez News Premium and BeBeez Private Data). The senior lender Banco BPM acquired the senior tranche of the asset backed securities. Redbrick Investment Group received assistance from Matèria and Jones Day, while DLA Piper advised BPM. Studio BE.ST. will handle the development project.
