New acquisition in California


The Areus I fund closes the acquisition of a portfolio of Life Science/Tech office buildings in the Rancho Bernardo district of San Diego, California.
The properties will undergo a major redevelopment with the aim of increasing and consolidating their use with laboratories and infrastructures specialised in biotech and pharma research. The “value-add” project involves an investment of approximately $53M aimed at improving the quality of the asset, which will also be able to respond to pandemic needs.



The merger by incorporation of Arsenale Real Estate SGR into Symphonia SGR has been completed, bringing together complementary expertise and a long-term vision in a broader, more diversified management platform.
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