Partner

Fabrica has developed a distinctive track record on:

• the set up of real estate investment platforms to manage the liquidity of leading welfare entities, including the first fund ever done dedicated to an Italian first pillar pension fund, with a pan-european asset allocation;
• the acquisition of real estate portfolios originally held by major first pillar pension funds, through contribution in kind operations;
• investments in opportunistic and value add portfolios;
• investments in the social sector (e.g. nursing homes, social housing, including student housing, research institutes, etc).

All managed funds dedicated to social security investors mainly have core and core plus assets, with a diversified asset allocation consisting of both traditional and “niche” asset classes with social impact (e.g. university branches, medical research institutes, assisted living facilities). As a management policy, these funds avoid whatsoever conflict of interest and keep a conservative leverage ratio.

Fabrica is among the most dynamic and long-running Italian operators concerning social responsibility investments. Having a ten-year experience gained since the launch of the first social responsible real estate fund, which invested INPS’s (national public pension fund) equity supporting real estate projects dedicated to universities and research institutes.

Fabrica has started an 800 million Euro investment program for social responsibility, supporting the welfare state to bridge infrastructural gap (mainly student housing and social housing, with an investment plan also including Southern Italy).

Currently, the Company is focused on expanding internationally: the process has begun with the acquisition of iconic assets in European Capitals and is being pursued also by involving international investors through the launch of new products. The SGR is also deepening its attention to the residential market, where it also boasts significant know-how. More specifically, the SGR is preparing to set-up new products dedicated to PRS sector.

Contacts

Fabrica Immobiliare SGR SpA – via Nazionale 87, 00184 Roma

Tel. +39 (0)6 945166.01 | info@fabricasgr.it | www.fabricasgr.it

As at December 31, 2020 the Total GAV (Gross Asset Value) amounted to a market value equal to € 501,6 million, including the portion pertaining to properties owned by non-con¬trolling interests and real estate funds. The consolidated GAV (Gross Asset Value) was equal to € 390,1 million.

As at December 31, 2020 the consolidated value of rented assets amounted to €326,2 million and represented 65% of consolidated portfolio. The composition by use, referred to the Rented consolidated portfolio, highlighted 43,4% of Retail assets, 19,5% of Office assets and 2,2% of so-called Other Uses.

The consolidated value of Development for Rent portfolio, equal to €167,1 million as at December 31, 2020, is composed of development areas, with a commercial use, which are expected to be developed in the short and medium term with the subsequent income generation.

The consolidated value of portfolio to be sold, whose sale is foreseen during the Plan period, was equal to € 8,3 million.
The EPRA NNNAV as at December 31, 2020 amounted to €239,8 million, included pro rata share of assets held through joint ventures, real estate funds and associated companies, estimated on the basis of net assets, taking into account the market value of the properties owned. Against a NNNAV per share of €5,99 and a NAV per share of €6,05, the Aedes share price has so far maintained a considerable discount.

Contacts

Aedes Siiq | Via Tortona, 37 | 20144 | Milano

Tel. +39 (0)2 6243.1 | info@aedes-siiq.com

The Italian branch takes off in March 2020. Established last year in Milan, it can also report the first large transaction of a 40,000 sq.m industrial site. The transaction was finalised in cooperation with the local management and Arnold Investments’ Italian team around Roberto Vellotti.
Since the founding in 2009, transaction volume has totalled approximately 2 billion euros. In 2020 alone, the Arnold Group brokered properties with a volume of over 500 million euros.

Arnold Investments combines the strengths of regional market knowledge with impeccable international networking of around 20,000 buyers or investors. In contrast to globally active brokers, the focus is on Europe, covering around half of the total population. This means the Arnold Group is likely the only provider in Europe that can refer to such a network.
More than 30% of the transaction volume is attributed to cross-border sales.

Arnold’s clients are mainly wealthy private individuals/foundations and, of course, institutional investors from across all of Europe and the company almost exclusively brokers off-market operations.

Contacts

Further information: www.arnold.investments

Thanks to a constant internal research on Real Estate, trends and key factors that may have an impact on the sector, our experts are able to anticipate our Clients’ needs and help them to build a long-lasting competitive advantage. We offer innovative solutions for all asset classes, focusing on technology and digital transformation as opportunity for our sector and their stakeholders.

Contacts

CBRE Italy | Piazza degli Affari 2 | 20121, Milan

Tel. +39 (0)2 997.460.00 | italy.marketing@cbre.com | www.cbre.it

Our Strengths

• Global Practice: We have the scale and geographic coverage to meet our clients’ needs wherever they are. We have the local market expertise necessary to appraise and consult on major projects consistently throughout the world.
• Industry Expertise: Our professionals are experts in all real estate sectors as well as real estate funds, public and private REITs, corporate, institutional, right of way, railroad and utilities and alternative assets.
• Independence: We offer independent valuation and consulting services to our clients in accordance with professional and ethical standards.
• Credentials: Our certifications and memberships include RICS, CRE, HypZert, LEED and BREEAM, among others. We apply the main international standards. Our quality assurance system is updated to following standards: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018

Our Consultancy:

• Valuation Advisory
• Investment
• Technical Services (Building Consulting, Environmental, Sustainability)
• Financing and Debt Advisory
• Specialized Services for Retail, Hospitality, Renewable Energies
• Tenant Advisory
• Transaction Advisory

Contacts

Duff & Phelps REAG | Centro Direzionale Colleoni, Palazzo Cassiopea 3 | Via Paracelso, 26 | 20864 Agrate Brianza (MB)

Tel. +39 (0)39 64231 | REAGInfo@duffandphelps.com | duffandphelps.it | kroll.com

To compete the wide range of its services, Progedil Group also offers strategic agreements in order to provide credit counselling for loans granting, insurance products, renovations, full furnishing supplies, and condominium services.

Our Group is made up of 150 real estate professionals, well-established both in Rome and in province territory, thanks to the presence of 9 real estate agencies, our historic headquarter, that governs, centralises, and coordinates all our activities, and, finally, a representative office dedicated to the luxury boutique located right in the heart of Rome historical centre, the Trajan’s Forum.

The Group has an in-depth knowledge of the Capitolin real estate market’s complexities, which is successfully governed assuring professionalism, transparency, competence, and dedication. Those are the values that have been passed on from the very beginning in the Progedil Academy, which deals with training and updating its agents, ensuring a unique and well-established working method. This approach has allowed us to acquire a transversal experience that fully responds to the new needs of big players through a business model that aims at service innovation and the use of cutting-edge technology.

Contacts

Piazza Enrico Martini 11 – 00127 Roma

Tel +39 06 5 033 033 | info@progedil.it | www.progedil.it

REDD AND ITS INNOVATIVE SERVICES

OrganizeREDD

The digitization, analysis, reorganization and simplified management service of Real Estate documents.

CompaREDD

The proprietary software for the automatic digital overlay of plans and the detection of building abuses.

REDDIE

The virtual consultancy service in urban planning and construction for professionals, technicians, buyers and sellers.

OUR CUSTOMERS

• Real Estate Investors and Assets Managers
• Npl and UtP Managers
• Superbonus Operators (Banks, Construction Companies, Architects and Surveyors)
• Municipal Technical Offices
• Real Estate sale and purchase parties

ADVANTAGES FOR CUSTOMERS

• Time and cost saving in the analysis and management of Real Estate documents, with benefits for investors, buyers and sellers.
• Verification of data rooms completeness and validation of assets documentation.
• Clustering of informations and customization of reports.
• High level of security.

Contacts

Info@realestatedd.net | Tel. +39 327 3363145

Redd Srl | Via di Monserrato, 25 | Rome

redd-realestate-data.com

With more than 4000 people dedicated to alternative investment services, State Street is a global industry leader in the real estate and private markets space, supporting the most sophisticated alternative investment professionals  with a full suite of solutions in their accounting, administration, risk analytics and reporting needs.

Throughout 2021, we also announced a series of strategic partnerships to further bolster our alternatives offering for clients. In connection to that, State Street is also  launching its State Street AlphaSM for Private Markets solution which will allow institutional investors to fully manage the entire lifecycle of their infrastructure, private equity, real estate, private debt and fund of funds investments through an integrated, digital front-to-back, single platform. This includes the ability to provide whole portfolio exposure to managers investing in both public and private markets.

For more information, visit State Street’s website at www.statestreet.com

* Assets under management as of March 31, 2021 includes approximately $60 billion of assets with respect to SPDR® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Global Advisors are affiliated.

Contacts

Federico Viola | Tel. +39 02 32117140 | FViola@statestreet.com

Beatrice Chignoli | Tel. +39 02 32117245 | BChignoli@statestreet.com

3764146.1.1.EMEA.

The company, headquartered in Pozzo D’Adda, Milan, opened in 2019 a new technical office in Genoa, intended to manage requests from the European, American and Middle Eastern markets.

OUR MOST RECENT PROJECTS

Among the most recent projects, we mention in Milan the “Rasoio” building in Via De Castillia 23, the Architecture Campus of the Politecnico di Milano, the redevelopment of the new technical offices headquarters of the Municipality of Milan in Via Sile 8, and the new Flagship Hotel UNA Experience in Via De Cristoforis. Among the projects in Rome, the Aura Shopping Center in Valle Aurelia and the redevelopment of Palazzo Salviati, in via dell’Umiltà. In Syracuse, the Archimede shopping center. In Kombocha, Ethiopia, the expansion of the new production facility of the Carvico SPA company.

During the emergency due to COVID-19, Tecnomont Service collaborated at the implementation of the Intensive Care Unit of the Sacco Hospital in Milan, in addition to taking care of the maintenance of various hospitals in Lombardy.

Among the projects starting in 2020, in addition to important works in the city of Genoa, Tecnomont Service will develop the executive project and the construction of the Porsche Experience Center in Franciacorta, and the former Traversi garage in Via Bagutta, Milan.

Contacts

Tecnomont Service srl | Via Meucci 3, Pozzo D’Adda, Milano | Viale B. Bisagno 2, Genova | Corso Venezia 5, Milano

Tel. +39 (0)2 84990103 | info@tecnomontservice.com | www.tecnomontservice.com

Since 2017, hundreds of Small and Medium Enterprises have been in contact with the platform, which after 4 years of activity has a network of 46,000 users. As of the first half of 2021, 30 real estate projects for 43.5 million euros have been financed through Walliance, representing almost 60% market share of Italian Real Estate Equity Crowdfunding (source: Crowdfundingbuzz).

The structure that Walliance makes available in order to present a real estate project on the platform and raise capital, operates from time to time in a tailor-made approach, based on the progress status of the project that is proposed and its peculiarities. Opening up to new investors allows the companies to raise and use new financial resources for the growth of their business and offers many advantages:

• reducing bank exposure and improving the ratio between equity and debt;
• reducing the timing of the release of the sums necessary for the development of the operation, which takes place in a single solution at the time of the finalization of the offer, thanks to an easing of bureaucracy;
• sharing the risk with other partners and increasing the ROE of the operation. In fact, it is important to make a distinction between financing and risk capital: by investing through Walliance, investors become partners in the company that develops the real estate operation, while the bank finances and does not invest capital in the company;
• improving the visibility of the deal by leveraging Walliance’s strong marketing channels.

Contacts

Walliance S.p.A | Headquarters Viale della Costituzione 16, 38122 Trento | Local Unit Via Dante 7, 20123 Milano

Tel. +39 (0)2 40031237 | hello@walliance.eu | www.walliance.eu