Italy | Cushman & Wakefield

Nuovo Borgo shopping centre, Asti located in northern Italy, opened in 2007 and comprises over 16,960 sq m GLA arranged over 2 levels, 48 units and 2,000 car parking spaces.

The Challenge

Nuovo Borgo shopping centre, Asti located in northern Italy, opened in 2007 and comprises over 16,960 sq m GLA arranged over 2 levels, 48 units and 2,000 car parking spaces. The Centre is anchored by an Esselunga hypermarket (not included in the transaction) and benefits from a new gallery extension opened in April 2016. Key tenants include MediaWorld, OVS, Con Te, Piazza Italia, Bricocenter and Cisalfa.

The Solution

Acting on behalf of TH Real Estate and Warburg-HIH, our Italy Retail Capital Markets team successfully completed the sale of the shopping centre to Barings on behalf of its pan-European core investment strategy.

The Results

Cushman & Wakefield was pleased to have represented TH Real Estate and Warburg-HIH in the disposal of the asset and assist Barings with its first Retail acquisition in Italy.

FEATURED SERVICES

Cross-border Capital Markets

In 2018, global real estate investment volumes hit record highs of US$1.75 trillion. Cross-border investment continues to flourish, and EMEA remains a top target for investment.

Learn More

Sustainability

Learn More

Logistics & Industrial Occupiers Services

Occupier support.

Learn More

Office Agency

Cushman & Wakefield provides a bespoke office leasing service to investors, building contractors and public sector clients in Italy.

Learn More

Integrated Facilities Management

Our Facilities Management model brings together and manages the day-to-day essential operational services for your real estate.

Learn More

Retail Services

Success doesn’t happen overnight. It is the result of a complex process that starts long before a store officially opens. This is why we have created a dedicated team of retail-oriented professionals, ready to support your projects in every way.

Learn More

Building Consultancy and Due Diligence

We provide tailored services to track the property life-cycle requirements of investors, developers, lenders and occupiers, maximizing the property’s potential, and delivering client projects on solid foundations.

Learn More

Development

Whatever the challenges of your business, our market-leading expertise can help you find the right development strategy.

Learn More

Transaction Management

Providing you with the right space, the right strategy, in the right locations to support your business growth and flexibility.

Learn More

Smarter Asset Services

Consistent across EMEA, valorizing buildings and ensuring that their users thrive.

Learn More

Strategic Consulting

Aligning your business and real estate portfolio requirements to deliver future proof occupation strategies.

Learn More

Building Refurbishment

International landlords and investors look for buildings with the best functional mix along with minimum operating costs. However, this balance is hard to find in assets that were built in the past. This is why it is necessary to enhance the value of properties to improve flexibility, efficiency and sustainability.

Learn More