trending Market Intelligence /marketintelligence/en/news-insights/trending/ZMoY4sutEXY3boHcxO7DTQ2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Coima Res sells Rome office property for €90M


Understanding the Basics of Social Housing Providers and Associations (SHPAs)


Climate Credit Analytics: Linking climate scenarios to financial impacts


Real Estate News & Analysis: April Edition


COVID-19 Impact & Recovery: Investment Banking

Coima Res sells Rome office property for €90M

A UBS Asset Management-managed fund purchased the Eurcenter office building in Rome for €90.3 million on behalf of Zurich Insurance Group's Zurich Italy Real Estate Fund, IPE Real Assets reported.

Coima Res SpA SIIQ sold the property at a 13% premium to the asset acquisition price in August 2016 and a 4% premium to its June 30 book value, the news outlet added.

The asset, which was refurbished in 2010, represented 12% of Coima's portfolio and was the Italian real estate investment trust's second-largest property.