COIMA SGR has invested more than €300m to buy a portfolio of office and residential assets from Italian doctors’ pension fund Enpam.

COIMA SGR said it acquired the 11 assets located in Rome and Milan on behalf of the newly created COIMA Thalia Fund and Porta Nuova Liberazione funds and an unnamed fund it manages.

The disposal of the assets is part of Enpam’s plan to reorganise its assets.

In August last year, the pension fund sold a directly-owned domestic real estate portfolio comprising 68 hotel, retail, logistics and parking assets to Apollo Global Management for €842m.

At the time, the chairman of the pension fund Alberto Oliveti said: “As we prepare to reach the peak of retirement for our members, this divestment allows us to realise important savings and to allocate the proceeds towards diversified, mission-related investments that will offer adequate reserves and returns to meet our commitments. We look to the future with even greater peace of mind”.

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