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» Chronological View: " Italy " «

Hines and PGGM invest in Via Della Spiga 26 in Milan

The Milan value-add joint venture between Hine and PGGM has completed investment into Via della Spiga 26 in Milan, via a real estate fund managed by Savills Investment Management SGR SpA. The asset was previously owned by an institutional real estate fund managed by Invesco in partnership with Thor Equities, and was historica...
Friday, 14. June 2019

Barings acquires Milan office building 

Barings, acting on behalf of the Barings Real Estate European Value Add Fund I, has acquired Corso di Porta Vigentina 9 office building in Milan, Italy. The scheme comprises c.4,000m² of space across four floors above ground and presents an opportunity to redevelop the building into high quality, energy efficient Grade A offi...
Tuesday, 11. June 2019

Commerz Real leases out 2,300 square metres in Edison Center near Milan

Commerz Real has concluded two lease agreements for a total of 2,300 square metres in its office property “The Edison Center” in Sesto San Giovanni near Milan. Some 1,700 square metres have been leased for six years to RS Components, an international multi-channel provider of industrial and electronic products and solutions. ...
Friday, 7. June 2019

The Student Hotel passes key hurdle in landmark Florence mixed-use project

The Student Hotel (TSH) is pushing ahead with its plan for a landmark 82,000 sqm mixed-use development, anchored by a 550-room TSH hotel, in Belfiore near the city centre of Florence, after receiving a key zoning permit from the local municipality. This is the largest of five developments the Amsterdam-headquartered developer...
Wednesday, 22. May 2019

Multi appoints Antoine Mocachen as Managing Director for CEE Region

Multi Corporation appointed Antoine Mocachen as Managing Director for Central and Eastern Europe, effective 17 June 2019. He will be responsible for Multi’s activities in Hungary, Poland, Slovakia and Ukraine. Antoine Mocachen succeeds Luca Maganuco, who has filled this position on an interim basis for the past year, in addit...
Thursday, 16. May 2019

Fresia opens GranRoma shopping centre

The new GranRoma shopping centre, located in the eastern quadrant of the city, opens its doors to the public on the evening of Thursday 16 May, just 20 months after work on it had begun, thanks to the Fresia Group, the company that designed, developed and built the centre.
Monday, 13. May 2019

Feuring opens hotels for Hyatt in Milan and Venice

The German hotel specialist Feuring Hotelconsulting GmbH has recently opened two hotels in Milan and Venice with Hyatt Hotels Corporation. With both hotels, Hyatt is launching for the first time, its new Hyatt Centric brand as a so-called full-service lifestyle category.
Thursday, 2. May 2019

Torre SGR acquires Via San Basilio 72 in Rome for €41.3 million

Torre SGR has entered a deal in Rome, acquiring a prime building located on Via San Basilio 72, on behalf of the Italian closed-end real estate fund called „Opportunità Italia“, listed on the MIV segment of Borsa Italiana („OPI“ or the „Fund“). The seller is a private property company.
Wednesday, 24. April 2019

Invel makes senior appointments in Italy

Invel has appointed Aniello Priore as Chief Financial Officer for Invel Italy, and Fabio Bronzoni as Head of Asset Management in Italy. Both Aniello and Fabio will be based in Invel’s Italian headquarters in Milan, and will report to Davide Madini, the former CEO of RREEF Italy, who oversees the firm’s operations in the count...
Tuesday, 16. April 2019

Cromwell Property Group acquires 22,700 sqm Pirelli Tyre facility in Milan

Cromwell Property Group has continued to progress its ‘Invest to Manage’ strategy, acquiring the Pirelli Tyre facility in Milan on behalf of a new Korean capital partner, Korea Investment Management Co., Ltd (KIM). The real estate investor and manager has been appointed asset manager to the investment. The seller is the “All ...
Thursday, 4. April 2019

AEW raises additional €750m for pan-European logistics fund

AEW has raised an additional €750 million in equity for Logistis, its specialist pan-European logistics strategy, bringing the fund’s total net equity to €2.3 billion. The new equity, which has been raised entirely from existing investors in a strong endorsement of the fund’s track record, will facilitate the platform’s furth...
Friday, 29. March 2019

Benson Elliot closes oversubscribed Fund V above €800 million target

Benson Elliot Capital Management has raised over €800 million for its latest pan-European value-add / opportunistic fund, Benson Elliot Real Estate Partners V. Launched in 2018, the fund was substantially raised in six months, with a repeat investor rate of over 95% from the prior fund. The capital was raised by Benson Elliot...
Thursday, 28. March 2019

UBS AM completes acquisition of Milan business campu

UBS Asset Management's (UBS-AM) Real Estate & Private Markets (REPM) business announces that it has completed the acquisition of La Forgiatura business campus in Milan for a low three-digit million amount. The asset was acquired from a Milan-based developer on behalf of a newly formed club of investors, representing the first...
Monday, 18. March 2019

Swiss Life AM reports further growth

Swiss Life Asset Managers reports positive results for its real estate business in 2018. Last year, the asset management company reported a real estate transaction volume throughout Europe amounting to around €10 billion. A total of roughly €7.6 billion in residential and commercial real estate was acquired in the Swiss, Fren...
Friday, 15. March 2019

New Italian headquarters for Savills

Savills Italy has moved its headquarters to new office space in Milan in the final stage of its integration process with former Larry Smith, which it acquired in July 2017. The combined team will all be branded Savills.
Monday, 11. March 2019

Savills promotes 18 to Director across its European and Middle East business

Savills has promoted Erik Beekman and Jordy Diepeveen in the Netherlands, Niall Guerin, John Swarbrigg, Allen Devine and Carol Keane in Ireland, Maximilian Brauwers, Michael Kubik and Michael Gail in Germany, Alejandro Sanchez-Marco and Carolina Ramos in Spain, Marcello Deledda and Paolo Pacelli in Italy, Daniel Czarnecki, Ka...
Monday, 4. March 2019