Pan-European investment manager Tristan Capital Partners real estate fund, Curzon Capital Partners IV, has sold an office facility in Rome, Italy, to the French institutional investor Corum AM.
The transaction marks the Fund’s second sale from a portfolio acquired from Axa in Q4 2016, and follows the disposal of an office facility in Brescia, Italy in Q1 2018.
“Since the asset was first acquired we have helped to significantly grow its commercial performance. The facility is now fully let to Colt Technologies, a multinational telecoms company, and performing very well. While the impact of the COVID-19 pandemic has created an extremely challenging and uncertain environment, we think it’s positive that we are still finding partners who are ready to engage in deals like this,” said Yassine Berkane, Director at Tristan Capital Partners.
CCP IV was advised by GOP, Pirola Pennuto Zei & Associates, REAAS and Real Consultant.