COIMA RES - The Board of Directors approves results as of December 31st, 2019
The Board of Directors of COIMA RES approved the consolidated financial statements as at December 31st, 2019, at a meeting held yesterday under the chairmanship of Massimo Capuano. Manfredi Catella commented: “In the last twelve months we continued to execute our strategy by increasing the quality and diversification of our real estate portfolio and by further concentrating our exposure to Milan, the most liquid commercial real estate segment in Italy, and to the high growth district of Porta Nuova."
COIMA SGR - Final shortlist of leading global architects selected for Pirelli 39 in Milan’s Porta Nuova
COIMA SGR, announces the shortlist of six architecture practices shortlisted for the regeneration of a 60,000 sq m office building at Via Pirelli 39, Milan. This latest international architecture competition is a key part of the masterplan for the new Porta Nuova Gioia district, which includes the buildings at Via Melchiorre Gioia 20, Melchiorre Gioia 22, Pirelli 35.
COIMA RES - Acquisition of Microsoft's Headquarters in Milan Porta Nuova completed
COIMA RES announces that the acquisition of Microsoft's headquarters announced on September 30th, 2019 has been finalized today. It should be noted that the acquisition of the Philips headquarters was already completed on September 30th, 2019. The purchase price of the Microsoft headquarters, located in the Porta Nuova district in Milan, reflects a value of the property of Euro 97.5 million, which corresponds to an EPRA Net Initial Yield of 4.3% (EPRA Topped-up Net Initial Yield of 4.3%).