European Finance Awards 2017

COIMA RES wins Property Investor Europe Finance Award as “REIT Finance Team of the Year”.

22/11/2017

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The “REIT Finance Team of the Year” goes to the real estate investment trust that demonstrated an innovative and successful financing strategy for an individual property or for an overall portfolio. Consideration is given to the REIT’s ability to reduce overall LTV, refinance maturing or existing debt, and increase returns for investors.

COIMA RES has been awarded with the “REIT Finance Team of the Year” title in recognition for the refinancing of two office buildings in Milan, Porta Nuova area, and in Rome, Eur Business District (Eurcenter) executed in Q1 2017.

The favourable refinancing conditions achieved reflected the prime quality of the underlying properties, the recent renewal and extension of the NH Hotel lease at Gioiaotto as a result of COIMA RES asset management strategy and strong bank relationships.