QIA completed the acquisition of Coima Res for $380m.

Qatar Investment Authority, a sovereign wealth fund, completed the acquisition of Coima Res, a real estate investment fund, for $380m. The strategic objective of the proposal is to accelerate the growth of the Coima Res real estate portfolio in the office and commercial real estate segment, capitalizing on the growing demand for high-quality sustainable buildings located in interconnected, sustainable areas with an increasing degree of flexibility. Looking ahead, Evergreen aims to implement an investment and growth strategy, at least initially, in line with the current strategic structure adopted by Coima Res, focusing on properties located in the main Italian cities and primarily for rental. . The focus will continue to be on top quality primary properties, especially in Milan for tertiary use, with a particular focus on the Porta Nuova area.