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Savills launched its New Build Survey Italy, collecting responses from clients who contacted them with an interest in newly built properties. Most respondents (82%) wish to buy in a city market, preferring the metropolitan lifestyle, with a focus on the cities of Milan, Rome and Florence.
Logicor and Kryalos SGR have announced the acquisition of a c.63,000 sqm site in Quarrata, Florence, for the development of a new c.23,000-square-meter GLA hub in Tuscany.
For the „Hotel Design Award 2024“, which will be presented at the 196+ forum Milan on Monday, April 15, the 12-member expert jury has nominated ten hotels from seven countries out of a total 37 applicants from 13 European countries.
Coima SGR has secured €50m from CDP Real Asset for the transformation of the 2026 Olympic Village into Italy's largest purpose-built student accommodation development.
Castello SGR, on behalf of its GEM fund, has purchased the Grand Hotel Poltu Quatu in northern Sardinia from Pulcini Group. The price of €70 million included the luxury hotel and approximately 100 residential units.
Covivio signed an agreement to acquire the 8.3% stake in Covivio Hotels held by Generali, in exchange for new Covivio shares. This transaction, which represents the equivalent of the acquisition of €500 million of assets and a capital increase of nearly €300 million, marks a major step in the reinforcement of Covivio in the h...
IGD SIIQ S.p.A has signed an agreement with Sixth Street, controlled affiliates of Starwood Capital and Prelios SGR S.p.A. for the sale of a portfolio of 13 assets for €258 million, consistent with the book value as of 31 December 2023. The transaction is expected to close by April 2024.
Deka Immobilien has acquired the Italian headquarters of Deloitte. The auditors only inaugurated the historic Veneto 89 building in January. Ardian and Prelios SGR, on behalf of Areef Sicaf S.p.A, extensively renovated the property last year and have now successfully placed the Trophy Asset Trophy in the historic center of Ro...
Barings has completed the acquisition, through an existing Italian real estate fund managed by Savills IM SGR, of a c. 70,000 sq m parcel of land in northern Italy from a private Italian company on behalf of its second real estate European value-add fund (BREEVA II).
Invel Real Estate has appointed Stamatis Sapkas as a Partner. Stamatis will have a strategic role focused on origination and the successful implementation of the firm's business plan.
REAM SGR, on behalf of the real estate fund Geras 2, has acquired the former „Golden Palace Hotel“ located in the heart of the city of Turin. The former five-star hotel has a total area of 20,600 m². According to regional newspapers, the purchase price is around €36 million.
Realterm acquired an industrial outdoor storage facility in Italy on behalf of its Pan-European core-plus fund. The circa 47,500-square-meter, fully-paved property, is located in the heart of Verona's Interporto logistics market and marks a significant addition to Realterm's growing portfolio.
Cromwell Property Group has, on behalf of CEREIT, pre-let 70% of available space at the Nervesa21 office development in Milan, leaving only 3,000 sq ft of space remaining.
Barings has completed the acquisition, through an existing Italian real estate fund managed by Savills IM SGR, of a c. 78,000 sq m parcel of land in northern Italy from a private Italian company on behalf of its pan-European logistics joint venture (PELV).
Athens-based Zeus International Hotels and Resorts has acquired the Dolce Milan Malpensa hotel in Milan and the Lazart Hotel Trademark Collection by Wyndham from Athens-based Prodea Investments for an undisclosed amount. The hotel group already had the lease for both hotels.
W. P. Carey today announced investment volume for the 2023 full year of approximately $1.3 billion, including investments totaling approximately $320 million completed during the fourth quarter.