Transaction involving two real estate portfolios worth over €400 million

Transaction involving two real estate portfolios worth over €400 million between Vittoria Assicurazioni and York Capital Management and Stoneweg.

Also involved in the operation conceived and formulated by Morning Capital, the Real Estate full-service provider, are Kryalos sgr, UBI Banca and Banco BPM.

Milan, May 18, 2020 – Morning Capital managed the transaction of two real estate portfolios between Vittoria Assicurazioni and York Capital Management and Stoneweg.

Thanks to this operation, whose overall commercial value is more than €400 million, Vittoria Assicurazioni acquired from the two international investors two properties located in Rome and Monza and a majority shareholding in the Pegasus fund (managed by Kryalos SGR Spa), owner of Eni’s Quinto Palazzo, a property that is part of the annals of architectural history and was designed by the Gabetti-Isola firm. With this operation, the group has assured itself a core-plus income-generating portfolio.