Deka Immobilien acquires Veneto 89 - historic office building in Rome (IT)

Deka Immobilien acquires Veneto 89 - historic office building in Rome (IT)

Deka Immobilien has recently acquired a prestigious property situated in the historic centre of Rome. The property was sold by Ardian and will be added to the portfolio of the WestInvest InterSelect, an open-ended real estate fund. It is managed by Prelios SGRThe parties have mutually agreed to keep the purchase price confidential.


"The fantastic location and quality of the property are unique selling points on the Roman market. It's the first building in Rome to receive triple certification", said Victor Stoltenburg, Managing Director of Deka Immobilien.


This office building, Veneto 89, was built in 1928 in the neoclassical style and has recently been extensively renovated. It offers c. 23,000m2 of leasable space, with 11 parking spaces for cars and 12 for motorcycles in its underground car park. The office space is leased under long-term leases to two tenants, of which Deloitte Italy is the main tenant.


Veneto 89 is the first building in Rome to be awarded three certifications. It has achieved the Leadership in Energy and Environmental Design (LEED) Gold standard, a "Very Good" rating by BREEAM, the British certification for sustainable construction, and the WELL Silver standard, which places strong emphasis on the health and comfort of a building's users.


Dils acted as advisor in the sale.


Giuseppe Amitrano, CEO of Dils, comments: "We are particularly proud to have secured the most significant deal for single-use office assets in Italy for the third consecutive year, this time in Rome. We are confident that Rome will undergo a significant revival through new projects focused on regenerating and transforming the capital, which will also draw new foreign investments. Via Vittorio Veneto 89, developed by Ardian, stands as a prime example of green-focused real estate renewal, crucial for the revival of our market."


Image provided by Image Building.


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