COIMA SGR (‘COIMA’), a leader in the investment, development and management of real estate assets on behalf of institutional investors, has acquired three prestigious properties in the historic centre of Rome with the objective of optimising its management through an action plan aimed at reducing emissions and saving energy. The trophy assets constitute the Sapphire portfolio, an alternative real estate investment fund reserved for qualified investors, of which COIMA becomes manager and main investor.

In particular, COIMA acquires the majority of the shares of the Sapphire fund and takes over its management. The assets, with a total value of over 200 million euros and a total surface area of approximately 45,000 sqm, are located in the heart of Rome's historical centre: Palazzo Verospi and Galleria Sciarra, in the Via Del Corso area, are respectively home to the offices of the Prime Minister's Office and ANAC, while Palazzo Monte, in the Campo de' Fiori area, houses the Council of State.

The transaction was finalised through COIMA Core Fund I and COIMA Core Fund II, two funds owned by leading Italian investors with an investment strategy focused on the acquisition and management of income properties located in major Italian cities.

YARD REAAS supported COIMA SGR as technical advisor performing Technical and Environmental Due Diligence activities.