CDP Real Asset called again a requalification tender for Rome’s Via Guido Reni Barracks (VGRB) and attracted 12 expressions of interest (see here a previous post by BeBeez). CDP is looking for an industrial partner for such an initiative which are of interest to Coima, Hines, Generali Real Estate, Investire, and Fabrica Immobiliare. Coima previously tabled a reported unfair offer for the asset. CDP is receiving assistance from Lazard and Colliers. The development of VGRB is worth more than 500 million euros. Dario Scannapieco heads CDP.
Dutch real estate developer Breevast will invest 30 million euros in acquiring a 20% of Planet Smart City, part of London’s smart social housing Planet Holding (see here a previous post by BeBeez). Stefano Buono is the chairman of Planet Smart City, a firm that Gianni Savio and Susanna Marchionni founded in 2015. Breevast has the right of investing a further 10 million in the target within seven months after the closing. By the end of February 2025, Planet Smart City may raise a further 15 million from current and new investors making the capital increase worth 55 million. Savio said that the raised proceeds will finance the business international expansion and acquiring a 20% of a building area near the city of The Hague, in the Netherlands. The company will carry on a development of 3300 flats with bureaus and shops.
Bnp Paribas Reim, a platform for institutional investors that J.P. Morgan Asset Management advises, received assistance from Dils for completing the second stage of development for 180000 sqms GLA Vigasio Logistic Park in Verona area (see here a previous post by BeBeez). Bnp Paribas Reim acquired the asset in Aprils 2023 and is close to receiving the LEED Gold certification.
Sources said to BeBeez that DeA Capital Real Estate sold to Intesa SanPaolo part of a building in Milan, Via Carlo Farini 56 for 3 million euros and received assistance from CBRE (see here a previous post by BeBeez). The asset is of 1270 sqms. Silvia Gandellini, Head of Cbre Capital Markets Italy said that the parties signed a deal as the asset attracted the interest of a HNWI. Mario Previsdomini is CBRE Head of Mid Cap & Regional Markets Italy.
A joint venture that London-based SFO Capital Partners signed with German GARBE Industrial Real Estate and Edmond de Rothschild REIM acquired MilEast Logistics Park in Covo area (Bergamo) (see here a previous post by BeBeez). The buyer will acquire the asset through Fondo Eterea, a vehicle that Prelios manages. MilEast is ESG – compliant and its GLA is of 22000 sqms. Mohamad Abouchalbak is the ceo of SFO Capital Partners. Pierre Jacquot heads Edmond de Rothschild REIM. Peter Bartholomäus acts as Head of Fund Management & Capital Markets for GARBE Industrial.
Estia, an Italian B-Corp that provides services for real estate maintenance, said it aims to grow through M&A after having sold a 51% to Portik, a Spanish competitor (see here a previous post by BeBeez). Giuliano Garesio (44% owner) founded Estia in 2021. E.ON Italia has 5% of the firm. KPMG and Ontier assisted Portik while Estia retained PedersoliGattai. Estia has a turnover of 2.4 million euros, an ebitda of minus 1.2 million and equity of minus 0.165 million.
Spain’s Qualitas Energy acquired an Italian photovoltaic plant from German GP Joule Projects (see here a previous post by BeBeez). BonelliErede assisted the buyer while Plattner advised the vendors.
Christie’s International Real Estate – Exclusive appointed Helio Cordeiro Teixeira as managing director and head of Business Development and Operations for the Italian regions of Latium, Lombardy and Campania (see here a previous post by BeBeez). Cordeiro previously worked for Engel & Völkers Italia.
