42 million loan from Tikehau to renovate offices in Rome

Tikehau Capital - a global alternative asset manager - announced the closing of a guaranteed senior loan to Fidera Vecta for the redevelopment of a major office complex in Rome, through its Real Estate Credit platform.

The senior secured loan, disbursed through the Italian Debt Investment fund managed by DeA Capital Real Estate Sgr Spa, supports the completion of the redevelopment of the property, benefiting from a solid repayment structure, stable prospective cash flows and a lease agreement guaranteed by a triple-A rated tenant.

The office complex, located south of the Capital's Central Business District, was acquired by Fidera Vecta in 2019 and is managed by Praemia Reim Italy Sgr. The project involves an extensive retrofit and redevelopment of three office buildings, with the aim of achieving high ESG standards. The building is entirely leased to an Italian public administration body. The transaction is part of a market context characterised by renewed interest in the office asset class and the real estate market in Rome.

The deal represents Tikehau Capital's first real estate credit transaction in Italy and the fourth such transaction completed in 2025. Tikehau Capital has a well-established presence in the Italian lending market, having completed approximately EUR 1.8 billion of transactions over the past eleven years through its corporate lending business.

"We are excited to expand our credit strategy in Italy, which has always been a key market for us and where we aim to further consolidate our presence over the next twelve months," said Edoardo Crotta, head of real estate credit at Tikehau Capital. We are delighted to support Fidera Vecta and Praemia Reim Italy Sgr in such an ambitious repositioning project, in a strategic area of Rome".