trending Market Intelligence /marketintelligence/en/news-insights/trending/8bb2sulqh3htazbjyv5cna2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Coima Res sells more Deutsche Bank branches, closes €56M asset buy in Italy

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Coima Res sells more Deutsche Bank branches, closes €56M asset buy in Italy

Coims Res SpA SIIQ's divestment of assets from its Deutsche Bank branches portfolio has reached €41.5 million since its IPO, after the company agreed to sell two more branches in Italy.

The two properties in Desio and Varenna are being sold at a premium of 6.2% against the assets' book value as of June 30 at €1.5 million. The deal is anticipated to close in the third quarter. The company added that it is in talks for the disposal of further bank branches from the portfolio.

The Italian real estate investment trust said in its earnings release that it intends to sell more mature properties and bank branches under its investment strategy to raise funds for the future growth of its portfolio. On the acquisitions front, the REIT will pursue office assets that have redevelopment potential, with a focus on Milan and possibly Porta Nuova, and also consider selective co-investments in value-add projects to drive returns, in a partnership with the COF II fund.

In a separate statement, Coima said it has finalized the purchase of an office complex at Via Alessio di Tocqueville 13 in Milan from Mediolanum Real Estate for €56.0 million, excluding tax and costs. The company now owns the entire Via Bonnet block, with renovations planned for more than 35,000 square meters of space.