Cattolica Assicurazioni is the only Italian company awarded within the IPE Real Estate Global Conference, for the second consecutive year. The Veronese insurance group received double recognition in the "Other countries and regions" and "Newcomers" categories: the IPE Real Estate Global Conference 2020 rewards excellence and innovation in real estate investments by institutional operators. Cattolica was specifically awarded for the Health Innovation Fund, signed in 2018 with Coopselios and specialized in residences for the elderly. The bottom,
set up and managed by Savills Investment Management SGR, sees Cattolica
as the majority investor and sole insurance player, while
Coopselios as contributor, minority investor and operating partner.
Initially, 10 selected RSAs were transferred to the Fund in two tranches, today increased to 11, for a total of about 900 beds. The Silver Regional Award and the Silver Themed Award certified "the ambitious project that allows the Group to benefit from diversification beyond the traditional sectors and the national market" and defined the Venetian company as "a good regional player that continues its path towards growth and solid performance”. Last year Cattolica Assicurazioni had obtained the Silver Regional Award for the "Other countries and regions" category for the Mercury Fund, a real estate transaction subscribed with
Conad.
“These new awards – he commented Massimo di Tria, Chief Investment Officer of the Cattolica Assicurazioni Group -, validated by a prestigious jury such as that of the IPE Real Estate Global Conference 2020 certify our managerial ability and our strategic vision in the investment sector. The Fondo Innovazione Salute, participated by a unanimously recognized and appreciated partner such as Coopselios, represents an innovative investment model for the real estate sector, in an area such as that of elderly care which is destined to grow in the long term. Also thanks to this operation, we were able to consolidate the geographical and sectoral diversification of our real estate assets".
“The real estate market – he added Salvatore Ciccarello, General Manager of Cattolica Immobiliare – is confirmed to be increasingly selective and this is why Cattolica Immobiliare intends to continue to focus with conviction on diversification, not only at a geographical level but also in terms of asset class. The Cattolica Immobiliare team, with the expertise and strength certified again this year by a prestigious double international recognition, continue to focus on this specialization which will allow us to carry out new operations even in non-traditional sectors to put our experience to good use and maximize returns.
