Amundi Real Estate Italia SGR announces it has signed the preliminary agreement to acquire the prestigious real estate portfolio “I Tolentini”. The portfolio is composed of five adjacent properties owned by Banca Nazionale del Lavoro S.p.A., and located between Via di San Basilio, Salita di San Nicola da Tolentino, Via San Nicola da Tolentino and Via del Basilico. The complex is situated in the historic centre of Rome, a few minutes walking from Piazza di Spagna and Quirinale. The properties, built in the late 19th century and characterized by an attractive historical and architectural identity, cover a total area of about 19.000 sqm and are leased to primary private and public firms. The transaction will be completed by the first half of the year for an amount of €126 million.
The acquisition of “I Tolentini” comes soon after the recent acquisition, finalised on 22nd December 2016, of a portion of an office building, also located in the historic center of Rome, very close to Via Vittorio Veneto and to the Villa Borghese park. The asset consists of an independent property portion, located in Via Campania 59, developing the first four floors above ground, and two basements levels, of an eleven floor building, designed by Studio Passarelli in 1964.
The “I Tolentini” transaction will be financed by a pool of banks and in both cases Amundi Real Estate Italia SGR was legally advised by the law firm Bonelli Erede.
Amundi RE Italia SGR S.p.A. is an authorized management company specialized in real estate funds in Italy.
It operates in the promotion and management of all types of real estate closed-ended funds and in the provision of consulting services related to real estate investments for qualified investors. The company's main expertise is non-residential properties’ portfolios active management. In fact, the company has an extensive experience in the acquisition and enhancement of buildings devoted to office use as well as commercial, touristic and industrial buildings.
Amundi RE Italia SGR S.p.A. manages four real estate closed-ended funds: Amundi RE Italia, specialized on the domestic market, Amundi RE Europa, focused on the European market, both listed, Amundi Soluzione Immobiliare, a real estate fund of funds promoted by Amundi SGR, addressed to retail clients and with periodic subscription periods till maturity and Nexus1, an Italian semi-open real estate mutual investment fund for qualified operators.
Amundi RE Italia SGR S.p.A. is 70% owned by Amundi Immobilier and 30% by Amundi Asset Management SA.
Amundi Immobilier, present in France, Morocco, Luxembourg and in Italy through the participation in the SGR, is the Group management company specialized in developing, structuring and managing property funds and it benefits from the deep-rooted presence in Europe and worldwide of Amundi Group.
Amundi is Europe’s largest asset manager by assets under management and ranks in the top 10 globally. It manages more than 1.470 trillion euros of assets across six main investment hubs. Amundi offers its clients in Europe, Asia-Pacific, the Middle East and the Americas a wealth of market expertise and a full range of capabilities across the active, passive and real assets investment universes. Clients also have access to a complete set of services and tools. Headquartered in Paris, and listed since November 2015, Amundi is the 1st asset manager in Europe by market capitalization.
Thanks to its unique research capabilities and the skills of close to 4,500 team members and market experts based in 37 countries, Amundi provides retail, institutional and corporate clients with innovative investment strategies and solutions tailored to their needs, targeted outcomes and risk profiles.
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