Sources said to BeBeez that Hotel101 (part of Nasdaq-listed Hotel101 Global), an international leisure chain which implements a fractional ownership, is developing a 429 rooms 200 million euros worth condohotel in Milan area that may be operative in 2028 (see here a previous post by BeBeez). Hotel101 received support from Gianni & Origoni and signed a binding agreement for acquiring the land from the Casale and Salute families that appointed DGRS and Studio RDS Legal – Delli Santi Risaliti.
M&G Real Estate acquired SICAF MEP Italy, the owner of three Milan-based logistic asset with a total surface of 110500 sqms worth 85 million euros, from Principal Asset Management (part of Principal Financial Group) (see here a previous post by BeBeez). M&G also signed an agreement with DeA Capital Real Estate for managing the target. Colliers acted as broker Principal Asset Management acquired one of the assets in 2022 for 25.73 million. Simon Ellis is a fund manager of M&G European Property Fund. Gabriele Inglese is an asset management director of M&G Real Estate Italy.
Finservice, the main shareholder of fintech invoice financing CashMe, paid 3.7 million euros for acquiring Ravenna’s office of Banca d’Italia (see here a previous post by BeBeez). The asset has a gla of 5000 sqms. Guido Rovesta is the chairman of Finservice.
Rocco Forte Hotels, an international luxury chain of which Public Investment Fund (PIF) has 49%, said that in 2028 it will open Masseria del Cardinale in the Southern Italian region of Apulia (see here a previous post by BeBeez). Rocco Forte Hotels retained Florence’s Luigi Fragola Architects for designing the asset refurbishing. Charles Forte, is Rocco Forte Hotels head of development.
Fondo Mi.To Real Estate (Mito), a vehicle that Green Arrow Capital and Crea.Re Advisory launched in 2024, acquired Milan-based assets with a total surface of above 15000 sqms (see here a previous post by BeBeez). K&L Gates,Yard and Tecma Solutions advised the fund. One of the assets is a building in via Vincenzo Foppa 4, Solari district, that Pietro Portaluppi designed. Alessandro Di Michele is a partner and general manager of Green Arrow Capital. Pierpaolo Fraudatario is the ceo and co-founder of Crea.Re Advisory.
