COIMA Launches COF III with Rome Acquisition
Deal News | Jun 11, 2025 | COIMA SGR SpA
COIMA SGR, a leader in real estate investment, has announced the first transaction from its COIMA Opportunity Fund III (COF III) after a successful first equity closing. The transaction involves the acquisition of a nine-story office building in Rome, currently leased to the Ministry of Universities and Research, with plans to convert it into sustainable residential apartments. COF III, with a target of a 500 million euro equity for the second closing, aims to reach an investment capacity exceeding 1 billion euros through co-investments and financing. The fund focuses on building reuse and energy transition, seeking to align properties with EU sustainability standards. COIMA's recent investments in Rome exceed 500 million euros, with future intentions to surpass 1 billion euros in the city. COF III is open to institutional investors globally and marks COIMA's expansion into the Wealth Management segment with exclusive investment vehicles. This project is part of Rome's Porta Portese Urban Regeneration Program and aims to achieve LEED certification, highlighting COIMA's commitment to ESG objectives and supporting sustainable urban development.
Sectors
- Real Estate
- Sustainability
- Finance
Geography
- Italy – The primary geographical focus of COIMA's investment activities is in Rome, Italy, where the fund's first acquisition and future planned investments are located.
- Global – The fund is marketed to institutional investors across Asia, the Middle East, Europe, North America, as well as Italy, highlighting its global focus.
Industry
- Real Estate – COIMA specializes in real estate investment, development, and management, which is the primary focus of their COIMA Opportunity Fund III.
- Sustainability – The COIMA Opportunity Fund III emphasizes building reuse and energy transition, aligning with sustainability goals, and seeking EU taxonomy compliance for climate change mitigation.
- Finance – COIMA SGR operates in the financial sector offering investment opportunities to institutional and private banking clients.
Financials
- 50 million euros – The total investment in the acquisition and conversion of the Rome building into residential apartments.
- 500 million euros – The target for the second equity closing of the COIMA Opportunity Fund III, which aims to reach 1 billion euros through co-investments and financing.
- 1 billion euros – Planned investment target in Rome over the next 24 months by COIMA, focusing on sustainable real estate projects.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| COIMA SGR SpA | Private Equity Firm | Company | A leader in real estate investment, development, and management, COIMA has launched the COIMA Opportunity Fund III to focus on building reuse and energy transition. |
| COIMA Opportunity Fund III | Investment Fund | Company | A discretionary fund focusing on real estate redevelopment and sustainability transitions, with COIMA SGR as its manager. |
| Fideuram - Intesa Sanpaolo Private Banking | Wealth Management | Company | Partners with COIMA to make investment strategies available to Wealth Management clients, offering exclusive investment vehicles. |
| Ministry of Universities and Research | Current Lessee of Target Building | Government | The current tenant of the first acquisition made by COIMA Opportunity Fund III, the nine-story building in Rome. |