REAM SGR,through the GERAS 2 Fund, has completed the acquisition of the Golden Palace, a prestigious hotel located in the heart of Turin, owned by a consortium of banks including Banco BPM, Intesa Sanpaolo, and Sardaleasing. The management will be entrusted to a leading international hotel chain, and the property will undergo redevelopment and restructuring, financed by BPER Banca.
Our firm advised Banco BPM, Intesa Sanpaolo, and Sardaleasing with a team led by partner Alessandro de Botton, senior associate Stefano Cova, associate Beatrice Mattioni and trainee Gian Luca Marchi.
The Altair Funecap Group, a leader in cemetery services in Europe and Italy, has acquired the entire share capital of Saie Cremazioni S.r.l., a company specializing in the management and maintenance of a series of facilities within municipal cemeteries under a project finance scheme.
Our firm assisted Lemanik Asset Management S.A. and Riverrock European Capital Partners LLP, acting as lenders to Saie. The team, coordinated by partner Riccardo Agostinelli, included partner Marco Leonardi and associates Alessandro Pallavicini and Edoardo Testagrossa.
Molinari Agostinelli strengthens the tax area with the addition of Paolo Ruggiero, who joins as of counsel.
Throughout his career, Paolo Ruggiero has gained over a decade of experience in the fields of domestic and international taxation, particularly in the establishment of real estate funds and in M&A and leverage buy-out transactions, structured finance tax matters, transfer pricing and corporate taxation.
Previously, he worked for over ten years with leading tax law firms and held the position as Finance Director at Satispay S.p.A.