Business Immo, the real estate website

COIMA RES

Finance 29/02/2024

"Buying against the cycle is always very interesting"

Business Immo: Are you active in these difficult times? Diego Roux: Yes, very clearly, both in terms of investment and rental activity. 2023 was a (...)

Territories 01/04/2021

Milan : Covivio, Coima and Prada choose OUTCOMIST's "Porta Romana" masterplan project

Coima SGR, Covivio and Prada Holding S.p.A, winning partners of the public tender for the acquisition of Porta Romana railway yard in Milan, have (...)

Territories 11/11/2020

Milan: the Covivio/Coima/Prada consortium selected to develop the Porta Romana sector

Following a call for tenders for the acquisition of the area surrounding the former Porta Romana railway station, a 187,000 sqm industrial site in (...)

Listed 01/10/2019

Italian REIT Coima pays €158m for two fully-let office assets in Milan

Italian REIT/SIIQ Coima RES has paid €158m to acquire two fully-let office properties in Milan, the national headquarters of Microsoft in Porta Nuova and (...)

Listed 26/07/2019

Italian REIT Coima boosts EBITDA 2.9% in 1H; EPRA NAV up at €11.91 shr

Italian REIT/SIIQ Coima RES reported a 2.9%yy EBITDA rise in the first half, with EPRA NAV up to €11.91 per share. The firm sees dynamic growth (...)

Listed 05/07/2019

Most FTSE-EPRA-NAREIT markets still show NAV discounts

Ten of the 13 markets tracked in the FTSE-EPRA-NAREIT European real estate universe trade at discounts to net asset value, with firms in Italy, Netherlands (...)

Listed 01/07/2019

Korea's Meritz buys half of Italian Coima's €213m Vodafone office asset

Korea's Meritz Financial has acquired a 50% stake in the Vodafone office complex owned by Italian REIT Coima RES, valuing the entire asset at €213m. Situated (...)

Listed 28/06/2019

Sweden's Castellum joins pan-European REIT innovation, CSR think tank

Swedish listed Castellum has joined the sustainability and innovation think tank created in 2017 by alstria, COIMA RES, Colonial, Gecina, Great Portland Estates and (...)

Office 13/03/2019

Offices still preferred working space despite tech - European REITs

Technology may allow workers to operate anywhere, but more than ever physical offices are the working environments of choice, says a new report by (...)

Listed 22/02/2019

Italy's Coima net surges 60% to €46m, EPRA NAV up 10%

Italian REIT/SIIQ Coima Res boosted 2018 net profit by over 60% to €46.3m, and said recurring funds from operations rose 5% and EPRA net asset value (...)

Listed 18/12/2018

Italy's Coima Res sells Eurcenter in Rome for €90m to Zurich fund

Italian REIT/SIIQ Coima Res has sold the Eurcenter office property in Rome's EUR district for €90.3m to a fund run by Zurich Investments Life, an Italian (...)

Listed 27/07/2018

Italy's Coima Res 1H net up 19% to €17m, to focus on Milan base

Italian REIT/SIIQ Coima Res raised first half net profit 19%yy to €16.8m, EPRA earnings per share by 17.4% and recurring FFO by 11.5%, saying it is (...)

Office 24/07/2018

US Kennedy Wilson closes sale of Milan offices for €69.5m, 4.4% net yield

Listed real estate investment firm Kennedy Wilson said it has completed the sale of the Milan Via Valtellina office package to local manager Coima SGR for (...)

Office 23/02/2018

Italy's Coima Res more than doubles FFO to €17m, to focus more on Milan

Milan-based REIT/SIIQ Coima Res more than doubled 2017 recurring FFO to €16.8m from €6.2m in 2016 on gross assets worth €619.7m, up from €526m. It will (...)

Listed 20/12/2017

Six European office REITs form sustainability and innovation thinktank

Even if real estate is local, clients' technical and environmental needs are the same across Europe, says Meka Brunel, CEO of French SIIC Gecina and one of (...)

Finance 01/12/2017

Electoral law, GDP growth, supply shortage seen compressing Italian office yields

Helped by a new electoral law, GDP growth momentum and a supply shortage, Italian office sector dynamism is picking up and should produce rental (...)

Finance 30/11/2017

Inclusion of real estate in Italian individual savings should benefit REITs - Coima

The Italian 2018 budget's inclusion of real estate in PIR individual saving plans should bring more private capital into the sector and ultimately benefit (...)

Office 22/10/2017

Patrizia eyes more acquisitions, settles Union Investment payout dispute

German listed investment manager Patrizia is planning further acquisitions and has around €700m in liquidity for this, CFO Karim Bohn said in a interview. It has also settled (...)

Finance 01/10/2017

European public real estate in good shape, led by German resi, French/Spanish office

European public real estate markets are in good shape as our website goes live. German housing stocks are near highs, as are most of (...)