In 3Q22, the offices sector in Italy attracted investments worth 4 billion euros (+ 95% yoy) recording 57 deals, a report of property management giant JLL said (see here a previous post by BeBeez). International investors poured 1.4 billion, while net revenues increased in Milan (3.30% yoy) and Rome (3.75% yoy). Milan remains the key investment driver attracting around 2.7 billion (69% of the
total) spanned across 38 deals, located in both the central and peripheral areas of the city. As for Rome,
it continues to grow albeit at a more moderate pace and recorded 9 deals since the beginning of the year, for a total of around 800 million mainly located in Centre and EUR submarkets.
Vitali, an Italian infrastructure and construction holding that belongs to the eponymous family, cloased a 15 million euros capital increase (see here a previous post by BeBeez). The company’s orders portfolio is worth 2 billion, while revenues amount to 95.8 million with a net financial debt of 3.7 million and equity of 64.4 million.
French asset manager Primonial Reim launched Italian vehicles Primonial Italian Healthcare Fund Sicaf and Primonial REIM European Healthcare Fund Sicaf (see here a previous post by BeBeez). Primovie will invest in Primonial Italian Healthcare while PREIM European Healthcare Fund will invest in Primonial European Healthcare.
Immobiliare Stampa, a firm that Bain Capital Credit acquired from Banca Popolare di Vicenza in 2019, received a 47 million euros financing facility from Banca Popolare di Sondrio (see here a previous post by BeBeez). Immobiliare Stampa owns 120 prestigious buildings.