Italy’s real estate weekly roundup. News from Kryalos, Bicocca Milan University, Magno Living, Collier Global Investors Italy and more

Kryalos sgr, a real estate investor with a portfolio of assets worth 11.3 billion euros, sold to Macquarie Asset Management a Milan-based building of 20.000 squared meters for 119 million  (see here a previous post by BeBeez). Paolo Bottelli created Kryalos and Blackstone invested in the firm. The vendors retained CBRE and Cushman & Wakefield as advisors.  

 Magno Living, a joint venture that Harrison Street and Italy’s DeA Capital launched for the Build-to-Rent (BTR) segment in Spain,  signed an agreement for acquiring 172 houses in Sevilla, Spain, from Metrovacesa (see here a previous post by BeBeez).  

Colliers Global Investors Italy sgr (fka Antirion) acquired the area that belonged to Milan’s industrial company Ercole Marelli (see here a previous post by BeBeez). Mario Cucinella Architects will project the development for the 97,000 squared meters area. Colliers acquired the area through Urban Living II, a vehicle that launched with Gruppo Varallo RE Group.  

UK Molo Hotel Group acquired Rome’s Hotel Alexandra, based in Via Veneto, as part of a lifestyle investment programme (see here a previous post by BeBeez). Law firm Nunziante Magrone and CBRE assisted the buyers.