Oriocenter attracted the interest of Percassi and Generali Real Estate (GRE), the managing companies of Bergamo’s shopping mall, that are holding talks with Commerz Real (Commerzbank) on the ground of a 450 million euros asset value (see here a previous post by BeBeez). GRE and Percassi may purchase Oricenter through the acquisition of stakes in a pan European fund.
Milan-listed Azimut Group’s Azimut Alternative Capital Partners (AACP) fetched 67 million US Dollars (including dividends) out of the sale to US Harrison Street of its 20% in RoundShield Partners, an investor in asset-backed special opportunities for the real estate, infrastructure and financial sectors that manages resources worth 5.4 billion (see here a previous post by BeBeez). AACP invested 48 million in RoundShield Partners in July 2022, when the target’s aum amounted to 3 billion, and now posted a 40% gain or 1.4 return on invested capital. Giorgio Medda is the ceo di Azimut. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Azimut Group and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager
Swiss Artisa Group sold Milan’s 4200 sqms building in Via Turati 38 to Little Turati, a vehicle of Leonardo Bongiorno and a pool of investors that received the financial support of UniCredit (see here a previous post by BeBeez). The buyers aim to create a hospitality group that Gruppo Numa will manage. Allegria Development, a firm of Bongiorno, will act as asset, project and development manager. Little Turati retained FairWise and Studio SPT. Artisa received assistance from Gatti Pavesi Bianchi Ludovici while UniCredit hired Gitti and Partners. Numa appointed Nunziante Magrone. Studio IT Notai Milano acted as public notary. Caffè Hardy and Panino Giusto signed a lease agreement for part of Via Turati 38.
Naples Municipality and FS Sistemi Urbani signed a memorandum of understanding for the urban regeneration and property upgrading of Palazzo Alto, a building close to Naples railway station (Stazione Centrale di Napoli) that will become a luxury hotel ready for 2027 Americas Cup (see here a previous post by BeBeez). Sources said to BeBeez that Grandi Stazioni Immobiliare, the company that manages Italy’s main railway stations, appointed in 2019 Brancaccio Costruzioni for the six million euros worth refurbishing Palazzo Alto.
German real estate investor Aquila Capital purchased a 33000 sqms LEED Gold core logistic asset in Castenedolo (Brixia) for which Dils acted as advisor (see here a previous post by BeBeez). A third-party logistics (3PL) operator signed a lease contract for the building.
