Clifford Chance

Clifford Chance assisted Prelios SGR in the sale to Castello SGR of an office building in Rome

Leading international law firm Clifford Chance has advised Prelios SGR, the asset management company of the Prelios Group, in the sale (on behalf of the Cristoforo Fund) of a property located in via Paolo di Dono, 44 in Rome, in the dynamic EUR district and currently leased to an international organization belonging to the United Nations. The buyer is Rome Core I Fund, managed by Castello SGR.

The property consists of a sky-earth building for single tenant offices, for a total gross area of approximately 46,000 square meters. Following a refurbishment, the building obtained the LEED Gold certification and a subsequent upgrade to LEED Platinum in 2015, renewed in 2020. Last year, the LEED certification was confirmed at the highest Platinum level for a further five years.

Clifford Chance assisted Prelios SGR in all the legal and tax aspects with a team led by partner Claudio Cerabolini, Head of the Real Estate Team in Italy, and made up of senior associate Angela Benincasa and associate Amedeo Sciolari (all Corporate, Milan). Tax aspects were covered by partner Carlo Galli with senior associate Andrea Sgrilli and associate Luca Gualtieri (all Tax, Milan).