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Greenberg Traurig Santa Maria Assists LCN Group with Acquisition of Real Estate Portfolio from Conforama Italia S.P.A.

MILAN – June 16, 2022  Greenberg Santa Maria assisted InvestiRE SGR S.p.A., asset management company acting on behalf of real estate investor LCN Capital Partners Italy III, entered into an agreement with Conforama Italia S.p.A. for the purchase of three real estate properties in the context of a sale and lease back transaction. The properties are located in Sassari, Castel Mella (BS), and Vergiate (VA) and have a total area of 55,000 square meters. The properties have been fully leased under a new, long-term contracts which will allow Conforama to continue to benefit from operating management of the points of sale.

The Greenberg Traurig Santa Maria team members assisting LCN Capital Partners and Investire SGR included Partner Federico Barbara and Associates Valentina Bartolini, Federica Pianta, Luigi Iovino, and Masa Saric; Counsel Gloria Molteni and Associate Greta Bonomelli on administrative law; and Trainees Alberto Rossetti, Alessandro Palminteri and Cecilia Caterina di Prisco regarding real estate due diligence.