Italy

Tritax EuroBox has agreed a second lease at its two-unit asset in Settimo Torinese, a prime logistics location near Turin. The new six-year lease has been secured with the same leading Italian logistics provider which signed a lease for the other unit in August 2023.

Coima has launched Coima Opportunity Fund III with a target of raising €500m by 2024 to decarbonize real estate across major Italian cities.

New York’s Fifth Avenue has maintained its position as the world’s most expensive retail street, with Milan’s Via Montenapoleone climbing to second in the global rankings, according to Cushman & Wakefield’s latest ‘Main Streets Across the World’ report.

AXA IM Alts has, acting for its clients, begun construction of a c. 30,000 sqm (c.320,000 sq ft) urban residential regeneration scheme in the San Siro neighbourhood of North West Milan. A ceremony today inaugurated the launch of the project in the presence of Mayor Giuseppe Sala and the Urban Regeneration Assessor of the Cit...

Coima SGR and Redo SGR have agreed a major deal to take forward the MilanoSesto project, Italy’s largest regeneration project.

Ardian and Prelios SGR have completed the sale of an office building located at the Milanofiori Business Park in Milan’s Assago district to Inovalis. The transaction was conducted through a closed-end investment company (SICAF) wholly owned by Ardian and managed by Prelios SGR.

PropTech Limehome is expanding into three new countries. The HospitalityTech has signed contracts for almost 220 apartments in Greece, Italy and Switzerland, thereby expanding its strategic focus on vacation destinations.

Gruppo Statuto has bought the Six Senses luxury resort in Rome from Orion Capital Managers, on behalf of the Orion Real Estate Fund V. According to market information, the purchase price is around €245m.

Pradera Management Italy has been appointed by Savills Investment Management SGR SPA, acting on behalf of Fondo Gator and Fondo Panther, as property manager, exclusive leasing agent and retail strategic advisor for Le Isole Shopping Centre in Gravellona Toce, Buonvento Shopping Centre in Benevento and Brinpark Retail Park in ...

London leads as Europe’s top city for projected real-estate occupier demand, followed by Paris, according to this year’s edition of the European Cities Growth Index (“ECGI”), published by LaSalle Investment Management (“LaSalle”). Owing to their large metropolitan areas and ability to adapt to changing macroeconomic condition...

AEW announces the completion and letting of a 38,500 sqm logistics asset in Calvenzano, on behalf of Logitics, its specialist pan-European logistics strategy.

Patrizia has completed the forward purchase of Piacenza Business Park in northern Italy through its TransEuropean VII (TEPVII) fund for around €70 million. The major new logistics hub is strategically located at the intersection of the A1 motorway, Italy’s most important highway connecting Milan to Naples, and the A21 linking...

Columbia Threadneedle Real Estate has been appointed as the new manager of the City Retail Europe Fund, on behalf of a group of institutional investors. The portfolio consists 23 high-street assets across 11 countries.

Savills has appointed Davide Dalmiglio as CEO and Managing Director of its Italian business with effect September 2023.

SES Spar European Shopping Centers is consolidating its position in the Northern Italian market. With the purchase of the IL Grifone shopping center in Bassano del Grappa, located in the highly affluent region of Vicenza/Veneto, the real estate developer and operator takes over a well-established location with immediate effec...

Tritax EuroBox has agreed two new leases. The first is the successful letting of Unit 1 (14,150 sqm) of the 28,300 sqm speculatively developed Settimo asset in Italy. The second is a new seven-year lease for Unit 3 (8,300 sqm) at Bochum, Germany. Collectively, these leases secure an additional €1.3 million in contracted rent ...

COIMA SGR has sold the iconic Piazza San Fedele 1-3 office building in Milan’s historic business district to Union Investment. The acquisition represents the German real estate investor’s first move into the Italian office market.

The Cadillac Fairview/Ontario Teachers’ Pension Plan (OTPP) & Boreal IM joint venture has completed its first transaction in Italy, the purchase of a portfolio that includes four fully-let and long-lease operational warehouses totalling 198,000 sq.m (2,127,000 sq.ft) and two development plots. The assets are primarily locate...