Italian iconic football clubs FC Inter, a portfolio company of Oaktree, and AC Milan, an asset of RedBird Capital Partners, are still discussing with Milan Mayor Giuseppe Sala the bid they tabled in March 2025 for San Siro Stadium (see here a previous post by BeBeez). The deadline for a new offer is 30 September, Tuesday. Inter and AC Milan are reportedly willing to pay 197 million euro for the stadium and carry on the land reclamation with Milan Municipality that may spend up to 36 million. Inter and AC Milan will compensate the municipality for a total of 50% of the capital gain out of a sale of the asset in the first five years after the signing of the contract. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors RedBird Capital, Oaktree and their 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
BCorp Frey, an international retail real estate firm for which Antoine Frey acts as chairman and coo, acquired from Blackstone Rodengo Saiano (Brixia), Valdichiana Village (Arezzo), Palmanova Village (Trieste) (all part of Franciacorta Outlet Villages), and Land of Fashion, the manager of 5 Italian shopping centers for a total of 410 million euros (see here a previous post by BeBeez). Benedetta Conticelli is the ceo of Land of Fashion. Frey signed a joint venture with Cale Street, a subsidiary of Kuwait Investment Office.
ION, a global diversified financial services company that Andrea Pignataro founded, signed a binding agreement for acquiring selected tranches of land within The Ellinikon, a development project for the regeneration of Athens International Airport area, from Greek listed leisure and real estate company LAMDA Development (see here a previous post by BeBeez). The vendor firm belongs to the Spiro Latsis Family and fetched 450 million euros out of this transaction. ION will also buy a 2% of Lamda. The Ellinikon will become a last generation smart city and integrate sustainable modern residences, commercial and leisure centres, luxury hotels, cultural spaces, sports, education, business districts, and recreational facilities. ION will build and complete by 2030 on the purchased land its R&D and Innovation Campus that will bring together some 2000 professionals from 44 countries. The total expected investments for this development could be worth above 1.5 billion euros but ION did not disclose how it will finance the project.
NYSE-listed Digital Realty, a data center carrier-neutral, colocation and interconnection solutions provider, started the construction of ROM1 150000 sqms data center in Rome’ former ACEA management centre in Via delle Testuggini (see here a previous post by BeBeez). The area’s urban requalification and the technology part are worth 100 million euros, but the total investment may amount to 350 million. Alessandro Talotta is Digital Realty ceo for Italy.
Art-Invest Real Estate sold to Generali Real Estate – Generali Deutschland, a 28000 sqms development project in Momenturm (Munich area) that OSA Ochs Schmidhuber Architekten projected for an undisclosed price (see here a previous post by BeBeez). Art-Invest Real Estate retained GSK Stockmann. Generali Deutschland hired Poellath. Tobias Wilhelm is the ceo of Art-Invest Real Estate. Lukas Jeckel is Genereali Real Estate’s head for North Western Europe.
Officine MAK said it sold to Prelios (Patrick Del Bigio ceo), the real estate asset management unit of Prelios Group, an industrial area in Caponago (Monza Brianza) (see here a previous post by BeBeez). The buyer will build a Boxengo-branded self-storage centre with a 4488 sqms gross floor area. Officine MAK retained Francesca Gritti and Filippo Stilo. Prelios hired Studio Gitti and Partners, Fivers and Bestmind.
Museo Archeologico Nazionale dell’Umbria (MANU) will invest above 7 million euros for carrying on a 20-months requalifcation of Complesso di San Domenico (see here a previous post by BeBeez). Costantino D’Orazio is the coo of Perugia National Museums. Tiziana Caponi is the manager of MANU.
Nvelop Real Estate, an international investor and developer, appointed Jean-Luc Saporito as Italy country head (see here a previous post by BeBeez). Saporito previously worked for Panattoni, P3 Logistic Parks, Amazon, Prologis, Hewlett-Packard, and Procter & Gamble. In June 2025, he founded Ulix.
Pellicano Hotels Italy, a chain that belongs to the Sciò Family and Aermont Capital, aims to open La Suvera in Tuscany and La Badia in Orvieto (Umbria) (see here a previous post by BeBeez). Pellicano acquired La Suvera in 2024 for 18 million euros (0.5 million per room). Marie-Louise Sciò, the ceo of Pellicano, is heading the refurbishing of the asset.
