Sources said to BeBeez that Kryalos, a firm that Paolo Bottelli created and of which Blackstone has a 35%, paid in the region of 200 million euros for acquiring 50000 sqms shopping mall Forum Palermo through Sun, a vehicle that Hayfin Capital manages, from Multi Corporation which acquired the asset in in 2013 (see here a previous post by BeBeez). Blackstone is the vendor’s owner. Forum Palermo rented all its 139 retail shops and also has a multiplex cinema.
CDP Real Asset said it declined the binding offer of Coima for Ercole Project, the requalification of Rome’s Via Guido Reni Barracks (GRB), as it aims to carry on the operation through its fund ESG City Impact (see here a previous post by BeBeez). The firm aims to find an industrial partner for carrying on such a development. CDP acquired GRB in 2013 for 60 million euros, while the asset’s current value is in the region of 50 million. The 5 hectares area may be worth 500 million after the requalification. The Ercole Project aims to create social housing units over 6000 sqms, 200 private residences (29000 sqms), commercial areas (5000 sqms), hospitality buildings (5000 sqms), public facilities for the neighbourhood. Furthermore, the project aims to create the Science Museum in the area with a 75 million investment. Manfredi Catella heads Coima.
Real estate fund Star, a vehicle that Oaktree subscribed and Castello manages, attracted a 157.5 million euros a financing facility of Aareal Bank (see here a previous post by BeBeez). The fund will invst such proceeds in refinancing the bank that provided more than 143 million for supporting the acquisition and refurbishing of hotels and portfolio assets.
Italian tourism and leisure company Alpitour World, a firm of which a club deal that leads Tamburi Investment Partners (TIP) has 59%, received a 20 million euros financing from Banca Cassa di Risparmio di Savigliano (CRS), Banca Alpi Marittime, Cassa di Risparmio di Asti and Cassa di Risparmio di Fermo (see here a previous post by BeBeez). Alpitour will invest such proceeds in technological updates and refurbishing its hotels and holiday villages. PedersoliGattai assisted the lenders. Alpitour World retained Studio Gatti Pavesi Bianchi Ludovici. Gabriele Burgio is the chairman and ceo of Alpitour World. Emanuele Regis is the coo of CRS. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors TIP 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
Coima, the real estate investor that Manfredi Catella heads, appointed Alessandro Bogo as head of acquisitions, Irish Vinas and Melina Klein as capital markets associates for the team that Giulia Salami leads (see here a previous post by BeBeez). John Gellatly is the new firm’s Senior Independent Advisor. Gabriele Bonfiglioli is the chief investment officer of Coima.
