Concrete Investing e Building group announce the start of the collection for Square, the ancient convent of Sant'Agostino between via delle Orfane and via Santa Chiara in Turin, transformed into a luxury building in 2019 following the restoration and enhancement carried out by the same Building Group.
The Quadrato residential complex is the result of an ambitious redevelopment project completed in 2018, which saw the recovery of the ancient convent of Sant'Agostino from the XNUMXth century and led to the discovery of a thermal area from the Roman imperial era. The ancient domus is now a contemporary condominium that combines history and living comfort, integrating within it an urban relais, an archaeological area that can be visited and a sports medicine and orthopedic rehabilitation center.
"This is the first preferential equity operation that we are launching in Turin, an opportunity for our investors to diversify their portfolio with a solid and established project, with high yield, in an area of the historic center that is becoming increasingly attractive. Our mission is to continue to create spaces that combine elegance, functionality and sustainability, contributing to the relaunch of iconic areas such as the Quadrilatero Romano in Turin", comments Peter Boffa, President of Gruppo Building.
With Quadrato we integrate our offer with income-generating operations, remaining faithful to the criteria that have always guided the selection of Concrete Investing, namely the selection of primary developers, the choice of high-standing assets located in areas of real estate importance" he adds Lorenzo Pedotti, CEO di Concrete Investing. “With this new type of operation, which presents different characteristics both in terms of risk-return and intended use, territory and intervention methods, we intend to provide opportunities in this area too in light of the growing demand from institutional investors in core properties intended not only for office and residential use, but also for the industrial sector, services and logistics”.
The investment opportunity launched through the equity crowdfunding platform Concrete Investing consists in the purchase of two assets of the structure located in the basement, ground floor and first floor by the company Quadrato Srl, created specifically by Gruppo Building, today rented to two important tenants.
