NEWS

Svicom is the property manager of Fondo Chirone (Blue SGR)

ADDITIONAL TO THE EXISTING MANDATES FOR 15 RETAIL ASSETS, SVICOM TAKES ON PROPERTY AND FACILITY MANAGEMENT MANDATES FOR AN ADDITIONAL 17 PROPERTIES (LIVING, OFFICE, AND HOSPITALITY).

New property and facility management mandate for the Svicom Group, entrusted by Blue SGR with reference to Fondo Chirone (closed-end Italian real estate alternative investment fund).

In addition to the previous mandates (active since 2021) for the 15 Retail assets belonging to the Fund, new mandates have been added for 17 properties belonging to the Living, Office, and Hospitality asset classes. This renews the trust expressed by Blue SGR towards Svicom, which thus becomes the property manager of all assets (retail and non-retail) of Fondo Chirone.

The 17 assets recently added to the Company’s management portfolio are located in various Italian regions (Piedmont, Lombardy, Liguria, Veneto, Friuli-Venezia Giulia, Lazio, Abruzzo, Puglia) making up a total area of 115,000 sqm.

“With the assignment of this mandate, the process of management rationalization of Fondo Chirone initiated by Blue SGR since taking over the previous fund management company comes to an end. We trust that Svicom, as a Proptech Company in Property Management, with its technical/management skills can support Blue SGR in creating added value in the valorization and management of a mixed-use portfolio like that characterizing Fondo Chirone” commented Francesco Paolo Cuccorese (Chief Operating Officer) and
Alessandro Mazzucco (Portfolio Manager) for Blue SGR.

“We proudly accept this mandate from Blue SGR, a tangible testimony to the efficiency of our team and the strength of the relationships we build with our Clients. Assuming the role of property manager of a Fund that is so heterogeneous in its composition – including Retail, Living, Office, and Hospitality assets – represents a new milestone for Svicom in our growth and diversification journey. It also confirms our position in the market as a leader in offering innovative, customized, and high-quality real estate services
for all asset classes that we currently manage” commented Fabio Porreca (Chairman & Partner) and Letizia Cantini (Group General Manager & Partner) for Svicom.