The details of the regeneration project of the area around the Ventimiglia Marina have recently been published. Namira SGR (owner of the complex), with the support of anchor investor Robert Thielen (founder of Waterland, active in four continents with personal investments in 20 countries) will invest, through the BDF fund, over EUR 200 million in...Read More

Just a few days from the acquisition of the two Hiltons in Florence by Pygmalion Capital, the purchase of another asset in the square of Florence has just been finalized. Castello SGR finalized the deal through the Star II fund. The property subject of the transaction is the former NH Anglo American Hotel (apparently no...Read More

Pygmalion Capital Advisors, a London-based investment firm, has acquired a portfolio of two hotels in Florence. The value of the transaction has not yet been revealed. The portfolio consists of 333 rooms in total and includes the 212-key Hilton Florence Metropole and the 121-key Hilton Garden Inn Florence Novoli. The two hotels, both of which...Read More

The Crescita Equity Fund is the new project promoted by Cassa del Trentino SpA and is envisaged as a new financial tool for Trentino companies aimed at encouraging the productive recovery and growth of local businesses. The tool, which aims to raise resources from both institutional and private investors, starts from a base of at...Read More

According to ANSA (the main Italian news organization), a company based in Florida, namely Ateo Air Lcc, showed an expression of interest for Air Italy. The firm relates to an investment fund headed by Russian CEO Oleg Evdokimov. The subject of the transaction would be the aircraft operator certificate and the brand of the Italian...Read More

According to our sources, a consortium of two entrepreneurs, specialized in the family segment, has acquired the ownership of the hotel complex called “Le Conchiglie”, a structure that had been in a stalemate for quite some time. The former Hotel Le Conchiglie is located in Riccione, it used to have 150 rooms, a swimming pool,...Read More

The Aedison fund managed by DeA Capital Real Estate SGR, owner of the Odeon cinema in Milan, announced its intention to convert part of the cinemas into retail spaces. The company had acquired the property in 2018 from Fininvest through the Aedison fund, subscribed by Apollo Global Management. The subject of the reconversion will regard...Read More

Union Investment recently announced the acquisition, for EUR 200 million, of the residential district (currently under construction) located in Dublin, to be acquired from the developer Ballymore. The portfolio held by Union Investment consists of 403 different asset-class properties. The company has a strong footprint also in the hospitality segment, with 66 owned hotels mainly...Read More

Guber Banca, one of the leading credit servicers in Italy, recently received an upgrade from Fitch Ratings, which updated the report on the bank’s valuations, from ‘RSS2 +’, ‘CSS2 +’, and ‘ABSS2 +’ to ‘RSS1-‘, ‘CSS1-‘, and ‘ABSS1-‘. Guber holds, as servicer, a rather high portfolio of credits to be valorized, with several collateralized credits...Read More

The Palazzo delle Assicurazioni Generali in VIII Marzo street (Padua) was sold to the Finint Fenice fund, managed by Finint Investments SGR. The official price has not yet been communicated, but according to initial rumors, the value transacted would be EUR 15 million. The building consists of three connected blocks for a total area of...Read More