Fund managed by DeA Capital Real Estate SGR

 

 

In March 2017, the Group completed the early liquidation of the Atlantic Value Added fund via the distribution in kind of the units held in the Venere fund and of the remaining liquidity.

Thus, at the date of this document, the DeA Capital Group directly owns 9.1% of the Venere fund and has no residual commitments.

The fund, which is managed by the subsidiary DeA Capital Real Estate SGR and has a commitment of around EUR 77 million, comprises real estate of 15 buildings for predominantly residential use, comprising five free-standing buildings and ten property units that were sold separately. The real estate portfolio is located in northern Italy, mainly in Milan, where there are seven buildings representing approximately 70% of the assets by market value.

www.deacapitalre.com

Santa Palomba

 

DeA Capital S.p.A. has subscribed to a total commitment of EUR 1.0 million. The fund, which is managed by the subsidiary DeA Capital Real Estate SGR, builds social housing in the metropolitan area of Rome.

The units in Santa Palomba are valued at approximately EUR 0.4 million in the Consolidated Financial Statements to 30 June 2017.

www.deacapitalre.com