Yeldo, Galique and Copernicus co-sponsored the development of a 90 million euros high-end residential building in Santa Margherita Ligure that will have 92 units and more than 200 parking places (see here a previous post by BeBeez). The construction works will begin in 1H25 and end in 1H28. Yeldo issued securitization notes worth 13 million with the support of Zenith Global.
Sources said to BeBeez that Prelios fetched 50 million euros out of the sale of two logistic assets in District Park Vigasio, Verona area, to BNP Paribas REIM which acted on behalf of institutional investors that hired JP Morgan Asset Management (see here a previous post by BeBeez). Gianni&Origoni assisted the vendors while Dils advised BNP Paribas REIM. The assets have a 92000 sqms GLA and a Leed Gold certification. Nicola Sajeva is the head of Asset & Development Management of Prelios.
Cassa Forense, Fondazione Monte di Lombardia and Kryalos acquired from CDP a 30% of Redo, a benefit company for social and subsidized university housing and urban regeneration with social impact that Fondazione Cariplo and Finnat’s InvestiRE created in 2019 (see here a previous post by BeBeez). Each buyer will take a 10%. Redo also belongs to Fondazione Cariplo (41%), Intesa SanPaolo (19.5%) and Libera Unione Mutualistica (9.5%). The completion of the transaction is subject to the waiver of the exercise of the covenant rights by the other current shareholders and subject to the authorisation of the Banca d’Italia. Fondazione Cariplo received assistance from Deloitte Financial Advisory and Starclex. Baker Tilly advised Libera Unione Mutualistica while Kryalos hired Di Tanno Associati.
Alessandro Barbero, Liliana Barbero and Laura purchased shops of 4000 sqms in Turin’s Galleria Subalpina, an asset that club deal platform Crea.Re acquired in January 2025 from Blackstone with a 40 million euros investment (see here a previous post by BeBeez). Fiammengo Federico acquired the residential units of Galleria Subalpina.
RealStep Sicaf, a real estate developer with a focus on the sustainable redevelopment of brownfield sites, rebranded as RealStep and received the authorization to create real estate funds from Banca d’Italia (see here a previous post by BeBeez). Stefano Sirolli, Pietro Guidobono Cavalchini, Francesco Sironi, and the cfo Roberta Calabrese will head the firm that received assistance from Fivers Studio Legale e Tributario.
Schroders Capital acquired NH Collection Milan CityLife (185 rooms) from European Hotel Fund, part of Invesco Real Estate, for an undisclosed price (see here a previous post by BeBeez). Legance, Deloitte, Artelia, and CA-CIB assisted Schroders. Invesco Real Estate retained Eastdil Secured and Hogan Lovells.
