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Catella, Coima RES founder, increases shares in Italian REIT

Posted: 17 October 2016

Coima RES founder and chief executive Manfredi Catella has increased his shares in the vehicle, the first Italian REIT to emerge without conversion. Lainched in March, Coima Res invests in and manages commercial real estate in Italy.

The overall investment of Catella, and of his controlled societies Coima Srl and Coima SGR in Coima RES is now more than €3 mln.

CONSOB, Italy’s market authority, approved Coima RES’s listing on the Milan stock exchange in May. The total value of the IPO was around €215 mln.