15Dec2020

Leucosia advises on the purchase of an industrial production and HQ facility in Bologna, Italy

London, December 15, 2020 - Leucosia provided advisory services to Crescendo Real Estate's Preservation & Income Fund II LP (CPI II) for the acquisition of an industrial production and headquarters facility located in Ozzano nell'Emilia, Bologna, Italy. The facility is currently leased to IMA S.p.A, a well-known company that designs and produces automated packaging machines for various industries, including pharmaceuticals, cosmetics, food, tea, and coffee.

CPI II's investment strategy centers around acquiring mission-critical properties that are leased to high-quality tenants on long-term contracts. The transaction was completed through an Italian real estate fund managed by Sagitta Sgr, with a mortgage loan provided by BPER Banca - Divisione Centro Imprese Reggio Emilia and arranged by Ufficio Mediocredito Corporate of BPER Group.

Leucosia acted as one of the financial advisors to CPI II, along with Filbert Capital, and collaborated with Gatti Pavesi Bianchi (legal advisor), Osborne Clarke Studio Legale (BPER legal advisor), Pirola Pennuto Zei & Associati (tax advisor), Areatecnica, Studio Dallasta, Cushman & Wakefield and Yard Reaas (technical-real estate advisors and evaluators), and Studio Associato Notarile Ciro De Vivo Valerio Tacchini (notary).

Leucosia is an independent investment, asset management, and advisory firm that specializes in European real estate.

www.leucosia.com

RELATED PROJECTS