Immogroup assisted as Agency the Leopardi Fund managed by Blue Sgr in the sale of an industrial property in Turin.
The asset is located in the northern part of the Piedmontese capital, at Corso Giulio Cesare 294 and 296.
The area is characterized by the presence of headquarters of major companies such as Reale Mutua, Tnt, Mercedes, Volvo, Easy Box Self Storage, and the Regional Headquarters of INPS.
The building is spread over six levels and has a gross floor area of more than 11,000 square meters.
To acquire the property, Immogroup organized a Club Deal between investors from Turin and Milan, for which it also acted as Advisor.
“This is the first transaction we are doing in the Piedmontese capital involving not only local but also Milanese investors,” says Beppe Caruso Ad of Immogroup, “highlighting the fact that Turin is considered an interesting city for Real Estate developments.
The Building, located in a strategic area of the city, will undergo a radical building transformation with significant financial investment. Corso Giulio Cesare, in fact, is the “gateway” from Milan to the city center, and the properties positioned on this axis represent its so-called ‘business card.
“Immogroup is characterized with this operation not only in the capacity of Agency, but above all as Advisor for the Club Deal, an activity,” says Beppe Caruso, “that we believe is an evolution in the Trading Alternative Market of Real Estate.
The redevelopment project will be prepared by the Giovanni Pierro architectural firm. Renovation work is scheduled to begin as early as next May, while the marketing of the leased spaces, managed by Immogroup’s office and industrial team, will start in March.
The uses that will be proposed to the market will be a mix of “logistic last mile “information technology office” and spaces dedicated to catering.