COIMA SGR's First Move with COF III: Rome Office Building Acquisition
Deal News | Aug 06, 2025 | COIMA SGR SpA
COIMA SGR, a prominent Italian real estate investment and development firm, has announced its inaugural acquisition through the COIMA Opportunity Fund III (COF III). This fund is characterized by its focus on building reuse and energy transition. The first acquisition involves a significant investment, approximately €50 million, in a Rome-based office building intended for residential conversion, aligning with sustainable redevelopment goals. COIMA's strategic focus for COF III is in line with the European Union's sustainability frameworks, emphasizing energy efficiency and climate change adaption. With an equity target of €500 million for its second closing and an overall investment capacity surpassing €1 billion, COIMA is marketing this initiative to a diverse pool of institutional investors globally. Beyond just the financial aspects, COIMA's comprehensive urban regeneration strategy in Rome is supported by its ongoing commitment to decarbonize buildings, further highlighted by its recent investments in historical projects and partnerships within the city.
Sectors
- Real Estate
- Sustainable Development
- Financial Services
Geography
- Italy – The investment and redevelopment projects are based in Rome, Italy, emphasizing COIMA's activities within the Italian real estate market.
- Global – COIMA SGR's fund is marketed to institutional investors across Asia, the Middle East, Europe, North America, and Italy.
Industry
- Real Estate – The article discusses investments in real estate, particularly focusing on redevelopment projects in Rome including the conversion of office space to residential use.
- Sustainable Development – Emphasizes COIMA's focus on energy transition and building reuse, aligning with the EU's sustainability frameworks and promoting environmental objectives.
- Financial Services – Involves fund management and investment strategies by COIMA SGR, targeting institutional investors across multiple regions.
Financials
- €50 million – Total investment for the acquisition and redevelopment of the Rome office building.
- €500 million – Equity target for the second closing of COIMA Opportunity Fund III.
- €1 billion – Investment capacity of COIMA Opportunity Fund III through co-investments and financing.
- €2 billion – Total target investment amount in various urban re-development projects as per COIMA's broader sustainability strategy.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| COIMA SGR SpA | Private Equity Firm | Company | A leading Italian investment, development, and management company specializing in real estate projects. |
| COIMA Opportunity Fund III (COF III) | Investment Fund | Company | COIMA's third discretionary fund focused on sustainable real estate development and building reuse. |
| Ministry of Universities and Research | Tenant | Government | Current tenant of the office building being redeveloped by COIMA in Rome. |
| Fideuram - Intesa Sanpaolo Private Banking | Wealth Management | Company | Offers an exclusive investment vehicle as part of COIMA's strategy for COF III to professional clients. |
| City of Rome | Regulatory/Urban Planning Authority | Government | Promotes the Urban Regeneration Program for Rome's Porta Portese Area, where COIMA's redevelopment project is located. |
| Gabriele Bonfiglioli | Chief Investment Officer | Person | COIMA's executive involved in outlining the strategic goals and progress of COIMA Opportunity Fund III. |