BauMont <a href="https://industrymovement.com/real-estate-trading-exceeds-qar-387-million-in-one-week/" title="Real Estate Trading Exceeds QAR 387 Million in One Week”>Real Estate and Reve Asset Management acquire Città Sant’Angelo Outlet Village, a 29,000 sqm retail outlet near Pescara, from GWM Group.
BauMont Real Estate Capital, a pan-European real estate investment manager specialising in real estate repositioning strategies and part of M&G Real Estate, has acquired, together with Reve Asset Management, the shares of the vehicle owning Città Sant’Angelo Outlet Village, a retail outlet located near Pescara, from GWM Group.
Città Sant’Angelo Outlet Village spans over 29,000 square metres and comprises over 110 retail units, attracting approximately 1.7 million visitors annually and serving a catchment area of over 1.8 million people. Opened in 2009, the centre was further enhanced through an expansion completed in 2024, and offers 4,000 parking spaces and a mix of national and international brands.
BauMont was assisted by Dentons, with a multidisciplinary and multi-jurisdictional team led by partner Carlo Merisio and comprising, for real estate and transactional matters, senior counsel Carlotta Soli and trainee Margherita Nicolino; for tax and structuring matters, partner Gianmarco Tortora and associate Marta Gabbetta; for corporate law matters, partner Pier Francesco Faggiano, senior counsel Marilina Di Lauro, associate Arianna Belli and trainee Elis Palazzi; for financing matters, partner Edoardo Galeotti, counsel Rosalba Pizzicato and associate Giulia Bellantoni; for urban planning and administrative matters, partner Jacopo Brambilla Sica, counsel Giuseppe Gagliardo and associate Filippo Angelo Porta; and for Luxembourg law matters, partner Jean-Luc Fisch and senior associate Alexandre Michorczyk.
The seller was assisted by Gianni & Origoni, with a team led by partner Filippo Cecchetti and comprising counsel Eleonora Laurito, managing associate Filippo Maria Coen and Associate Giovanni Paolo Corsi. Tax matters were handled by Pirola Pennuto Zei & Associati, with a team led by partner Claudio Schettini and comprising associate partner Federico Signorini and senior associate Nicholas Niola.
Notarial matters were handled by Studio Notarile Cesare Gattoni.
