Services

Our Services

ASSET
MANAGEMENT

Enhancement and strategic development of the managed asset.

PROPERTY
MANAGEMENT

Administrative and technical management of the asset.

AGENCY

Professional brokerage and negotiation.

FINANCIAL
PLANNING

Transaction analysis, design, and management of financial planning instruments.

STRUCTURING AND MANAGEMENT OF SPECIAL SITUATIONS

Oversight of the acquisition process, asset optimization, and disposal of the asset.

ARCHITECTURAL DESIGN

Oversight of the artistic and functional aspects of the project.

ENGINEERING

Project engineering during the construction phase.

PERMITTING PROCESS
MANAGEMENT

Handling of the project’s administrative procedures.

Il valore aggiunto

The Added Value

For investment funds, banks, property owners, investment bankers, and other qualified operators with specific interests in the retail real estate sector, Policentro offers the full range of specialized expertise and capabilities developed over the years, particularly during the recent major real estate crisis.

Specialized
Expertise

Since 2008, in the context of the international financial crisis, Policentro has assisted its clients in complex debt restructuring processes (backed by retail real estate assets), utilizing all the instruments available under Italian law for this purpose. In doing so, the company has developed specialized expertise in corporate crisis management—whether financial, corporate, or commercial—as well as in negotiations with the lending institutions, with particular focus on the specific nuances of the retail industry.

Value Digging Tools

  • Scouting and evaluation of opportunistic deals
  • Defining strategies for the enhancement of distressed properties
  • Structuring acquisitions of NPLs (Non-Performing Loans)
  • Value-added consolidation projects for real estate assets
  • Extraordinary asset management operations

Case study

Since 2008, in response to the decline in consumer spending and the retail sector, the Policentro team has devised several extraordinary asset management operations aimed at recovering severely distressed Shopping Centers. These centers were characterized by occupancy rates below 60% at opening, requiring simultaneous management of commercial crises and restructuring of the respective SPVs in default.

Shopping Mall
Portasiena

Year of Opening:
2008
Occupancy at Opening:
60%
Rent Roll (Revenue) 2010:
1,500,000
Rent Roll (Revenue) 2015:
€2,000,000
Occupancy 2015
100%
Procedure Used:
Concordato
Preventivo (Composition with Creditors)
Year of Sale:
2015
Buyer:
AXA Reim
Sale Price:
21,500,000
Creditor Satisfaction Rate:
100%

Centro Commerciale
“La Corte del Sole” Sestu (CA)

Year of Opening:
2006
Occupancy at Opening:
50%
Rent Roll (Revenue) 2010:
1,500,000
Rent roll (Revenue) 2019:
3,000,000
Occupancy 2019
97%
Procedure Used:
Concordato
Preventivo (Composition with Creditors)
Agreed year of closure
2022
Creditor Satisfaction Rate:
from 56%
to 100%