Lto new operation was financed through the issue of a bond from 10 million euros reserved for professional investors
YELDO (https://www.yeldo.com), a European group specialized in raising capital for institutional real estate transactions, has successfully supported Paullo Investimenti Srl – controlled and Officine Mak S.r.l., operator with over 20 years of experience in urban regeneration projects – nella structuring and emission Of and 10 million euro bond loan (senior secured bond), aimed at valorisation of two assets for use logistico in the triangleindustrial Milan-Turin-Genoa. The Group also has I took care of the bond collection, involving professional investors in subscriptions, with investment ticket starting from 100,000 euros.
The assets involved in the project – currently used for industrial use – exceed the 260.000 mq Of surfacese and represent an important urban regeneration operation in an industrial area with strategic connections with the main cities of northern Italy. The firstimmobilelocated at Vercelli, insists its a’area with a surface area of over 101.000 mq, e ithe release of the construction permit and environmental authorizations are expected in early 2025. The second asset, localized ad Arquata Scrivia (Alexandria)insists his area with a surface Of beyond 160.000 mq ed is currently the subject OfAttention of numerous developers and investors in the logistics sector. By mid-2026, theiobtaining theand environmental permits e the release of the building permit.
Lorenzo Belloni, Chief Investment Officer di YELDO Groupcomments: “This operation is particularly relevant to us for several reasons: on the one hand il logistics sector which has been continuously expanding for years, with a turnover of 112 billion euros in 2023, up 5.5% compared to the previous year; on the other represents an example of urban regeneration capable of transforming abandoned areas into hub modern and functional. In the end, l’investment will certainly have a positive impact on the local and regional economycontribuendo to create new jobs”.
Antonio Borgonovo, CEO and Founder of YELDO Groupdeclares: “The logistics presenta different features relevant for investors who want to diversify il own wallet real estate: in addition to the stability of income flows offered over time, growth must be considered constant of the question, which does not seem destined to stop neither in the post-pandemic era,above all per properties sustainable andd efficient from a technological point of view”.
Yeldo made use of Yard Reaas as a technical advisor and for the evaluation of assets e Loan Agency Servicesplayed the role of Issuing Agent, Calculation Agent e Representative of the Noteholders nonché Paying Agent in partnership con BFF Banking Groupcoordinating the issuance and structuring of the bond in all its phases. GROW ha, In the end, carried out legal and administrative due diligence, preparing the necessary contracts, including the documentation relating to real guarantees.
YELDO
YELDO is a European group founded in 2019 with offices in Switzerland, Italy and Germany. Thanks to investment solutions dedicated to qualified and professional investors, the company offers direct and digital access to institutional-grade real estate transactions in Europe and Switzerland. The YELDO Real Estate team of professionals selects off-market transactions (for a current value of over 1 billion euros) to offer risk-adjusted returns, with liquidity potential through secondary market transactions. To date, YELDO has financed various types of asset classes in Europe and Switzerland (CORE, CORE+, Value Add, Opportunistic) offering its investors professional investment structures (Luxembourg RAIFs, certificates and securitisations). YELDO operates through YELDO GmbH as a “tied-agent” of Concedus GmbH, and was registered in the relevant BaFin register with registration number 80177477. In March 2023 YELDO launched YELDO CROWD, the new equity crowdfunding platform that offers direct access to institutional level real estate investments also for non-professional investors.
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