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Allen & Overy advises on the purchase of a real estate portfolio in Italy from Fondo Pensione Cariplo

The acquirer is Kervis SGR S.p.A., on behalf of an alternative real estate investment fund.

Kervis SGR S.p.A., on behalf of an alternative real estate investment fund (AIF), has completed the purchase from Fondo Pensione Cariplo (Cariplo employees pension fund) of a portfolio consisting of six real estate properties with mixed use (residential, offices and retail) located in Milan, Pioltello, Legnano and Lecco.

Allen & Overy advised on the definition of the relationship between the investor in the AIF and Kervis SGR S.p.A. as well as in the evaluation of the operation and its terms and conditions with a team led by partner Paolo Nastasi, supported by associate Enrico Roveda and trainee Matteo Bortolamai, with counsel Luca Amicarelli and senior associate Roberta Errico on administrative law aspects, and senior associate Luca Di Lorenzi together with associate Giulia Ghiandai on the regulatory profiles.