Coima Launches €50M Rome Residential Conversion with New Opportunity Fund
Coima SGR has announced the first acquisition under its newly launched Coima Opportunity Fund III, securing a €50 million office asset in central Rome for conversion into high-quality residential units. The transaction marks a significant step in the firm’s strategy to repurpose underutilised commercial properties into sustainable, community-focused housing.
The move comes amid a broader market shift, as changing work patterns and rising housing demand drive interest in adaptive reuse projects. Coima’s decision to debut the fund with an office-to-residential redevelopment in Rome underscores the firm’s commitment to unlocking long-term urban value while addressing Italy’s growing need for modern housing solutions.
The proposed development will emphasise sustainability, energy efficiency, and contemporary design. Coima plans to deliver a residential scheme that integrates green spaces, shared amenities, and smart technologies, aligned with ESG principles and the firm’s broader urban regeneration objectives.
“This project represents a strategic response to evolving urban dynamics,” said Manfredi Catella, Founder and CEO of Coima. “By converting outdated office stock into high-quality housing, we are contributing to more liveable, resilient cities while delivering long-term value for our investors.”
Rome’s residential market has seen increasing demand, particularly for centrally located, energy-efficient homes. Coima’s project is expected to appeal to a wide demographic, including young professionals, families, and downsizers seeking sustainable living options in a historically rich urban setting.
With additional acquisitions planned, Coima Opportunity Fund III is positioned to play a leading role in reshaping Italy’s urban fabric. The Rome project sets a clear tone for the fund’s ambitions leveraging design, sustainability, and strategic location to create forward-looking developments in key cities.
