Nextalia sells 4 assets for 100 million (also Scanderbeg palace)

Nextalia Investment Management - an independent platform of reference in private markets in Italia - completed the divestment (on behalf of the Nextalia Credit Opportunities fund) of four assets for a total value of approximately EUR 100 million.

In particular, Nextalia has finalised the exit from the investment relating to the property 'Palazzo Scanderbeg', trophy asset located in the historical centre of Rome to the Ginobbi Group (see the anticipation in Il Sole 24Ore of 13 April). The mortgage had been acquired in the context of the Gruppo Toti transaction and the exit - the company explains - represents the outcome of a process of asset enhancement, in line with the Fund's strategy.

The disposal of the office building 'Teatro delle Arti', at 57 Via Sicilia, Rome, underlying the Fund's investment in the notes of the securitisation vehicle Kronos SPV, to an institutional investor was also completed.

The third transaction concerns the sale of a logistics asset located near Florence, part of the real estate portfolio to guarantee the receivables acquired in 2025 from Gruppo Basso. The transaction follows the divestment, which took place a few months earlier, of another core asset included in the same portfolio, a retail park located in Ravenna characterised by reliable tenants and recently renewed leases.

The transactions are part of the strategy of the Real Assets division of the Nextalia Credit Opportunities fund, which is geared towards the creation of value through active management of the underlying real estate assets and the subsequent monetisation of the investments by repositioning them in their respective markets.