Lendlease Italy SGR Spa is the Italian asset management company of Lendlease Group. It is wholly owned by Lendlease Europe Limited, the share capital of which is held by Lendlease Europe Holdings Limited. The ultimate controlling entity of the Company is Lendlease Corporation Limited.
The setup of the Company is fully aligned with the Group Strategy of providing exceptional level of services and execution capabilities to investors through the integrated management of three different business lines: investment management, development management and construction.
The SGR is an opportunity for Lendlease to further develop its business activities within a regulated environment and attract new investors such as pension funds, sovereign wealth funds and insurance companies, while some projects and initiatives could be also invested or co-invested by Lendlease group entities.
Current SGR activity is mainly linked to the urban regeneration operations that the Lendlease group is managing, in partnership with third parties, at Milano Santa Giulia neighbourhood and MIND - Milan Innovation District.
Lendlease Italy SGR Spa was established in April 2019 and having obtained the required authorization by the Bank of Italy in March 2020 started their operational activities in September 2020. The company provides collective asset management services through the management, organization and commercialization of alternative Collective Investment Management Entities falling within the category of reserved Alternative Investment Funds as per EU and Italian Regulation.
The Company is currently managing two Alternative Investment Funds:
Groups' Sustainability Targets