The Challenge
Many players were using the VDR to view and bid on this deal; 20 of the main national and international operators in the sector were involved in the tender notice. Sterling’s VDR and support team helped to manage this process, resulting in seven non-binding offers that were proposed to the seller.
The Result
- Coima SGR: To create the free and subsidized residential component and Olympic Village which will eventually become approximately 1,000 student housing residences.
- Covivo: Will develop office functions and services
- Prada Holding S.p.A: Will mainly oversee the quality of the park and will build a building for laboratory and office use to extend its activities already present in the area.