German asset manager Patrizia will pay 70 million euros for acquiring a 90000 sqms asset in Mantua area for which two third-parties providers of logistic services signed a lease agreement (see here a previous post by BeBeez). The buyer retained Legance, Simmons&Simmons, Pirola, Dils, and JLL. Patrizia did not disclose the vendor’s name. Pierluigi Scialanga is the Italian country manager and Head of Transactions of Patrizia while Nicolai Soltau is the Head of Fund Management Logistics.
Merope Asset Management paid 38 million euros for acquiring a Milan-based trophy asset of 4500 sqms from Milan-listed CIR, the financial firm of the De Benedetti Family (see here a previous post by BeBeez). CIR posted a 26 million capital gain. Merope will invest a 20 million for refurbishing the asset. Banca Monte dei Paschi di Siena provided the a 36 million financing facility for the transaction. Merope retained Dentons, PedersoliGattai, Giancaspero & Carlucci, BMS, and Studio Belvedere. CIR received assistance from Dils, Legance and Yard Reaas.
Sinloc (Sistema Iniziative Locali), an Italian consultancy firm for the European Union resources that belongs to the main Italian banking foundations, launched Sinloc Investimenti, a vehicle for investing in the energy transition, infrastructure and real estate (see here a previous post by BeBeez). Banca d’Italia must provide the authorization to operate. Paola Vezzani (chairwoman) and Matteo Bertolini (coo) will head Sinloc Investimenti. Gianfranco Favaro is the chairman of Sinloc.
VOIhotels, achain that belongs to Alpitour World, acquired VOI Arenella Resort, a Sicily-based asset that retained Molinari Agostinelli (see here a previous post by BeBeez). The buyer will carry on the refurbishing of the 460 rooms hotel. Previous press reports said that Alpitour’s enterprise value is of 1.3 – 1.5 billion.