Milano - G48

Milan - G48 is a real estate project by Vitruvius & Partners that involves the renovation and redevelopment of four buildings formerly used for manufacturing purposes, transforming them into modern homes with private gardens and green spaces, in an extremely dynamic area of Milan.

The real estate investment opportunity offers an annual return of up to 15 percent with an estimated transaction duration of 30 months. Handling the bureaucratic, construction and sales aspects will be the vehicle company G48 s.r.l.

The property is already owned by G48 S.r.l. , and preliminary construction activities will begin in December 2023. The project has obtained two loans totaling €9.8 mln.

The project location is located in a strategic and dynamic area of Milan, exactly at 48 Via Gallarate. This area has undergone strong development in recent years and boasts excellent connections to the center of Milan thanks to the many public transport services available. There will be 60 apartments to be built, with private gardens and parking spaces, for a total of 8,428 square meters.

The investment in G48 offers the advantage of preferential liquidation, i.e., the right for investors who join the equity crowdfunding campaign to be repaid first with respect to the Developer. The maximum total ROI of the project is 37.5% over 30 months. If the expected duration is exceeded, the total ROI will increase while keeping the annual return constant, which will be calculated pro tempore.

Vitruvius & Partners, operates in residential, industrial and commercial contexts, dealing with the design and execution of works, with a focus on sustainable green development, upgrading existing buildings or implementing new construction from scratch. The company operates throughout Italy and achieved a turnover of €73 mln in 2022.

The exit from the transaction will occur upon liquidation of G48 S.r.l., once all the apartments have been reregistered. The return will accrue from the closing date of capital increase until the resolution to liquidate the company G48 S.r.l.

This is a marketing communication. Equity crowdfunding investments are high-risk and could result in total or partial loss of invested capital. Please read the sheet containing key investment information before joining.

The real estate initiative focuses on the regeneration and renovation of four buildings once used for manufacturing activities, turning them into modern residences. Strengths of this project include innovative design, meticulous attention to tenants' needs, and anexcellent location. The housing units will have outdoor spaces on the ground floor, providing ample indoor and outdoor livability. In addition, the apartments will also have private parking spaces, giving additional convenience to tenants. The project includes different types of residences for a total of 60 apartments, with associated private gardens, green areas and parking spaces. Each unit will be built paying attention toenergy efficiency and environmental sustainability, aiming for energy class A

Project timeline:

• November 2023: Property purchase
• November 2023: Title filing for start of work
• December 2023: Start of site work
• September 2025: End of construction
• December 2025: Deeds of sale