DeA Capital S p A: signs a Joint Venture agreement with Europa Capital to develop real estate activity in France


PRESS RELEASE

DEA CAPITAL SIGNS A JOINT VENTURE AGREEMENT WITH EUROPA CAPITAL TO DEVELOP ITS REAL ESTATE ACTIVITY IN FRANCE

Milan, September 12, 2022 – DeA Capital has signed a strategic joint venture agreement with Europa Capital to develop the French real estate market, with a particular focus on the industrial logistics sector, a booming asset class in the European real estate market.

The joint venture associates the English asset manager Europa Capital, which specializes in real estate investment, and DeA Capital Real Estate France, a subsidiary of DeA Capital, headed by Emanuele Dubini, which is part of the pan-European platform for the development of real estate activity in France.

More specifically, the partnership agreement provides for the launch of a logistics/industrial platform with a strong ESG and sustainable development footprint. The platform currently being launched has an investment target of 100 million euros and will start with the development of five zones, in collaboration with the promoter Axtom and with the asset management partnership of DeA Capital Real Estate France.

The first portfolio is made up of five assets, extending over 28,400 m2, located between Wattrelos (Lille), Colombier (Lyon), Épernon (Chartres), Brignoles (Marseille) and Saint-Herblain (Nantes). They will be completed between the fourth quarter of 2022 and 2023.

Europa Capital notes that thanks to this investment, the size of its current logistics/industrial portfolio has increased to 815,000 m2, over a wide geographical area, including the United Kingdom, France, Germany, the Netherlands, the Czech Republic, Hungary and Poland.

jonathan mansieManaging Director, Origination & Acquisitions at Europa Capital, said: “There is a huge shortage of new logistics products in our target markets and we have taken the opportunity to work closely with our new partner DeA Capital Real Estate France. Logistics returns currently provide an attractive margin on core assets and we continue to seek new opportunities in this area.”

Emanuele CaniggiaCEO of DeA Capital Real Estate, said: “Following the recent agreement with the American group Harrison Street to develop the built-to-let market in Spain, this joint venture to develop logistics in France with an investor of the caliber of Europa Capital demonstrates how reliable our pan-European platform is in attracting major international players and guiding them into the European real estate market. International investors see Europe as a unique investment market and we must be ready to offer products and investment services that meet their requirements, both in terms of location and investment class”.

Emmanuel DubiniCEO of DeA Capital Real Estate France, said: “We have seen strong demand for this asset class. The team worked hard to generate offers from market leaders such as Europa Capital; we have therefore succeeded in concluding a solid and reliable partnership. We are now focused on consolidating the platform by selecting other assets to bring to market, leveraging our ESG strategy and extensive experience in the asset management space.”

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DeA Capital SpA, registered office in Milan, Via Brera 21, 20121 Milan – Italy, tel. +39 02 6249951, fax +39 02 62499599 Controlled and coordinated by De Agostini SpA, registered office in Novara, Via G. da Verrazano 15, 28100 Novara – Italy Authorized share capital of EUR 266,612,100, fully paid up – Tax code and registration at the Commercial Register of Milan no. 07918170015.

Member of the “IVA B & D Holding Group” – VAT number. 02611940038, Milan Economic and Administrative Index no. 1833926

For more information, please contact:

Investor Relations

Press and communication office

Anna Majocchi

Marco Scopigno

Such. +39 02 6249951

Such. +39 06 68163206 / 348 0173826

[email protected]

[email protected]

DeA Capital (www.deacapital.com). DeA Capital SpA, a subsidiary of De Agostini SpA and listed on the STAR segment of the Euronext Milan market of the Milan Stock Exchange, is the leading independent Italian player in the alternative asset management sector (for assets under management), with combined assets under management of approximately 26.7 billion euros. The group’s platform – focused on the two subsidiaries, DeA Capital Real Estate SGR and DeA Capital Alternative Funds SGR, as well as the related indirect majority investment in Quaestio Capital SGR – is engaged in the promotion, management and development real estate, private equity and credit funds, as well as multi-asset/multi-manager solutions for institutional investors.

DeA Capital Immobilier France (www.deacapitalre.com). is an asset manager operating in the European real estate market under French law. It is part of the DeA Capital Group‘s pan-European alternative asset management platform, which includes companies dedicated to managing investments in the real estate and private equity sector of the European market. The platform is already operational in France, Spain, Portugal, Poland and Germany. The CEO of DeA Capital Real Estate France is Emanuele Dubini and the President is Emanuele Caniggia.

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DeA Capital SpA, registered office in Milan, Via Brera 21, 20121 Milan – Italy, tel. +39 02 6249951, fax +39 02 62499599 Controlled and coordinated by De Agostini SpA, registered office in Novara, Via G. da Verrazano 15, 28100 Novara – Italy Authorized share capital of EUR 266,612,100, fully paid up – Tax code and registration at the Commercial Registry of Milan no. 07918170015.

Member of the “IVA B & D Holding Group” – VAT number. 02611940038, Milan Economic and Administrative Index no. 1833926

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