Sofidy, a real estate asset manager that belongs to Tikehau Capital, acquired B&B Hotel Milano Central Station (see here a previous post by BeBeez). Sofidy carried on the transaction on behalf of EFIMMO 1, a vehicle that manages since 2000 and that has AuM worth 1.75 billion euros.
Borio Mangiarotti and Värde Partners sold to Invesco RealEstate Italian development project SeiMilano (see here a previous post by BeBeez). Borio will act as contractor for the development that will end in 1H25. In 2019, Borio Mangiarotti and Värde Partners invested 250 million euros in the project and received a financing facility of 113.5 million from Intesa Sanpaolo and Banco BPM.
Patrizia, a German investor in real estate, will invest up to 140 million euros in Selettra IP, an Italian smart lighting company through the vehicle Smart City Infrastructure Fund (SCIF) (see here a previous post by BeBeez). Patrizia acquired the asset from the founders and Fondo Italiano per l’Efficienza Energetica (FIEE). The buyers hired as advisors ValeCap (M&A), Andersen (legal), EY (financial, tax and commercial), and Fichtner (technical).
P3 Logistic Parks, a Czech investor in real estate assets for the logistic sector, announced the construction of a 24,300 squared meters development for offices in Bergamo area (see here a previous post by BeBeez). P3 acquired the area from Officine Mak.
Green Logistics, part of German asset manager Aquila Capital, signed with MacSped, an Italian mailing company, the first rental deal for Tortona Green Logistics Park (see here a previous post by BeBeez). The 51,600 squared meters warehouse is part of a 395,000 squared meters project.
Svicom, a real estate benefit company, led the 700k euros investment round of the Italian proptech startup Condeo, a provider of a cloud platform for the maintenance of condominiums (see here a previous post by BeBeez). Condeo attracted the resources of Edison (part of EDF), and previously received the support of Startup Bakery.
