Trixia Srl (SOLD) – Stake no longer held by Focus Investments SpA

Investment description

The Company was established from the merger of the pre-existing vehicle Trixia S.r.l., owner of an area intended mainly for services, and Società Imm.re Prizia S.r.l., owner of an area intended mainly for residential use. The entire portfolio, now combined under Trixia, derives from the Edilnord Group.
Focus Investments SpA is a partner with a 36% stake in the investment.

Portfolio details

Residenze Malaspina
The apartment blocks form part of a larger mixed use (services-residential) area to the east of Milan.
The complex has five apartment blocks, which are served by a communal Sporting Club and have an array of shops nearby.
Map: Via Bobbio, Pioltello (MI)

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Cusago area
An area located to the south-east of the metropolitan area of Milan, close to the SS 11 and SS 494 highways and not far from the Tangenziale Ovest ring road (Cusago exit). The territorial context is defined by the presence of the Sud Milano agricultural park.
Intended use: Services
Surface area (GFA): 28,765 m2 of buildable area and 560 m2 for the sales office
Map: Via Alcide de Gasperi, Cusago (MI)

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Zibido San Giacomo area
The area is located to the south of Milan in the municipality of Zibido San Giacomo, close to the boundaries of Binasco and Lacchiarella.
The property consists of buildings of historical and artistic interest to be redeveloped into residential properties.
Intended use: Residential
Surface area (GFA): 11,667 m2 (buildable area)
Map: Zibido San Giacomo, loc. Badile

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Pioltello area
The area is located in the Municipality of Pioltello, bordering the residential area known as Milano S. Felice
Only a minimum part of the permitted volumes have been used to date to build the new 3M Italia headquarters (around 11,000 m2 out of the 82,000 m2 permitted).
A town planning amendment was recently passed and now 60% of the space allotted for services can instead be used for residential purposes, provided that the related agreement is signed within November 2015.
Intended use: Services, Residential, Hospitality
Surface area (GFA):
– Lot 1 – 24.100 mq (services)
– Lot 2 – 36.210 mq (residential)
– 5.000 mq (hospitality)
– 2.000 mq (public services)

Map: Via Bobbio, Pioltello (MI)

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Tolcinasco Castle
The property is part of the Tolcinasco Golf Club (Municipality of Pieve Emanuele) and consists of the 2nd and 3rd floors of the Tolcinasco Castle.
Intended use: Residential
Surface area (GFA): 1.400 mq
Map: Golf Club Tolcinasco – Pieve Emanuele (MI)

Map