Italian fund manager Fimit is reportedly considering a bid for the commercial part of the portfolio that pension fund Enasarco put up for sale last year. According to the Italian property news website Demanio RE, Enasarco, which announced plans to offload its entire property portfolio worth over EUR 3 bn in October, plans to spin off its commercial property assets in two real estate funds. The assets represents around 16% of its total portfolio and consist of office properties and shopping centres mostly located in Rome and surroundings.
Italian fund manager Fimit is reportedly considering a bid for the commercial part of the portfolio that pension fund Enasarco put up for sale last year. According to the Italian property news website Demanio RE, Enasarco, which announced plans to offload its entire property portfolio worth over EUR 3 bn in October, plans to spin off its commercial property assets in two real estate funds. The assets represents around 16% of its total portfolio and consist of office properties and shopping centres mostly located in Rome and surroundings.
Recently, the pension fund also launched the bidding process for a total of 17,000 apartments, representing the remaining 84% of its portfolio. The group, which owns a 10% stake in Fimit, recently said that the unsold apartments will also be spun off in one of the funds together with the commercial properties.
