Pirelli RE is a fund & asset manager which enhances the value of and manages property portfolios for third party investors, through its distinctive model based on the integration of specialized services (Agency and Property Management) instrumental to the management activities (Fund & Asset Management).
Key figures
Total Asset Under Mgmt. are 16 /bln.(*)
A leading Fund & Asset Management Company in Italy with approx. 7/bln of real estate assets, while in Germany and Poland, is among the top player in the residential and commercial segments with 7/bln of assets
Real Estate Net Asset Value Pro Quota (excluding services & NPLs) is approx 1.2 /bln
Total Net Capital Invested, including Services and NPLs is 1,173 /bln, Net Financial position is 446 /mln (Gering 0.7x) and current market capitalization is approx. 400/mln
(*) Including NPLs for 1.6 bln
and its strategy is based on:
Optimising the existing portfolio through: active asset management, disposal of non strategic assets and a steady reduction of co-investments
Refocusing on the Italian market exploiting the leadership in the Fund Mgmt. sector pursuing both internal and external growth in terms of AUM
Revamping the overall services proposition increasing third party share by offering integrated solutions
Continuing the de risking approach in Germany & Poland while actively managing the portfolio and seeking partners to enhance the value of the investments and service platform
Maintaining a financial discipline.
Key figures
Total Asset Under Mgmt. are 16 /bln.(*)
A leading Fund & Asset Management Company in Italy with approx. 7/bln of real estate assets, while in Germany and Poland, is among the top player in the residential and commercial segments with 7/bln of assets
Real Estate Net Asset Value Pro Quota (excluding services & NPLs) is approx 1.2 /bln
Total Net Capital Invested, including Services and NPLs is 1,173 /bln, Net Financial position is 446 /mln (Gering 0.7x) and current market capitalization is approx. 400/mln
(*) Including NPLs for 1.6 bln
and its strategy is based on:
Optimising the existing portfolio through: active asset management, disposal of non strategic assets and a steady reduction of co-investments
Refocusing on the Italian market exploiting the leadership in the Fund Mgmt. sector pursuing both internal and external growth in terms of AUM
Revamping the overall services proposition increasing third party share by offering integrated solutions
Continuing the de risking approach in Germany & Poland while actively managing the portfolio and seeking partners to enhance the value of the investments and service platform
Maintaining a financial discipline.