COIMA SGR (“COIMA”), a leader in the investment, development, and management of real estate on behalf of institutional investors, has completed the first transaction through COIMA Opportunity Fund III (COF III), acquiring a Rome office building for conversion and sustainable redevelopment into residential, following a first equity closing with a primary sovereign wealth fund.
COF III follows an investment strategy primarily focused on building reuse and energy transition, diversified across different market segments, with focus on the living sector. Classified under Article 8 of the SFDR Regulation, the Fund promotes environmental characteristics and objectives, aiming to align refurbished properties with the technical criteria of the EU Taxonomy for climate change mitigation and/or adaptation, in compliance with the 'Do No Significant Harm' (DNSH) principle and the Minimum Social Safeguards.
The equity target for the second closing is €500 million, with an investment goal of over €1 billion with co-investments and financing. The fund is being marketed to institutional investors across Asia, the Middle East, Europe, North America, and Italy.
With COF III, COIMA is also making one of its strategies accessible to the Wealth Management segment for the first time, through an exclusive investment vehicle reserved to the professional clients of Fideuram - Intesa Sanpaolo Private Banking. Exclusive events dedicated to these clients are scheduled in major Italian cities, including Milan, Rome, and Florence.
Source: coima.com on the 11 June 2025
https://coima.com/en/media/press-releases/first-investment-finalized-for-coimas-third-discretionary-fund#:~:text=Milan%2C%2011%20june%2C%202025%20%E2%80%93,conversion%20and%20sustainable%20redevelopment%20into