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Home COUNTRY ITALY

Italy’s Real Estate weekly round-up. News from DeA Capital Real Estate, Blackstone, Panattoni Park Voghera, Castellare, and more

Salvatore Brunoby Salvatore Bruno
April 18, 2025
Reading Time: 3 mins read
in ITALY, PRIVATE DEBT, REAL ESTATE
Italy’s private equity weekly roundup. News from DeA Capital Alternative Funds, Cigierre, Bc Partners, Quattro R, Impresoft, Clessidra, and more
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BeBeez will be the media partner of the Piccaia Golf Cup an event that the Italian artist Giorgio Piccaia promoted and that will take place between 25 May, Monday, and 26 October, Sunday (see here a previous post by BeBeez). The first match will take place in Golf dei Laghi – Varese.

Milan-listed Fondo Atlantic 1, part of DeA Capital Real Estate, said it fetched 26 million euros out of the sale of Rome building in Via Cristoforo Colombo 142 after having called of such a disposal in 2020  (see here a previous post by BeBeez). The closing will take place in 2H25. Blackstone has a 40% of Atlantic 1, a vehicle born in June 2006 that will cease its operations on 31 October, Friday and owns 46 real estate assets of Eni, Telecom Italia and GS Carrefour that are worth 636 million.

Panattoni Italia, a subsidiary of US (California) Panattoni Development Company (PDC), purchased a 64000 sqms area in Voghera (Pavia area) for building Panattoni Park Voghera, a logistics asset for which it already received all the necessary autorizations (see here a previous post by BeBeez). Robert Dobrzycki is the ceo of PDC. Panattoni Park Voghera will have two BREEAM EXCELLENT buildings, with a GLA of 43520 sqms and of 15936 sqms and. Panattoni Italia recently appointed Alessandro Viscardi as Development & Capital Markets Associate and Dario Da Ros as Head of Construction.

Castellare, a real estate company born out of a partnership that Emanuele Bandecchi, Federico Bandecchi, Simone Bandecchi, and Paolo Bandecchi, signed with Alessandra Santarsiero’s firm Sea holding, acquired a building in Milan’s Via Manzoni 11 with the financial support of Incus Capital, a Spanish private credit company that Corrado Giovanelli heads in Italy (see here a previous post by BeBeez). Legance, Gianni & Origoni, K&L Gates, and Gatti Pavesi Bianchi Ludovici acted as deal advisors. Alessandro Polenta is the managing director of Investire (Banca Finnat) which acted as buyside advisor and for the future management and valorisation of the building.

Italian leisure group Studio Vacanze, a company of Giovanni Sanna, acquired Sardinia’s Hotel I Corbezzoli and Sporting Hotel with the financing support of Banco BPM (see here a previous post by BeBeez). Baker McKenzie assisted the lender. Studio Vacanze retained Mario Mancini while Giorgio Pozzoli acted as public notary. Studio Vacanze owns19 hotels and resorts and has revenues of 61.5 million euros, an ebitda of 13.5 million with a net financial debt of 60.5 million.

Sources said to BeBeez that Kryalos sold to an undisclosed club deal of real estate investors a Turin 14000 sqms asset that Bosch and Capgemini are renting (see here a previous post by BeBeez). Horizon Real Estate acted as advisor for both parties, while Prelios Agency handled the sale.

Hines Italia appointed Marco Zorzetto as managing director investment for heading investment operations and the valorisation of new assets in the residential, logistics, mixed-use, and urban redevelopment segments (see here a previous post by BeBeez). Zorzetto, a Milan’s Bocconi University alumnus, previously actedas Head of Development & Acquisitions for Panattoni, and worked for Savills Investment Management and KPMG.

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June 6, 2023

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