Italian real estate manager Coima is investing an initial €10m in a series of property technology ventures.
Coima said it invested over €8m in its newly launched COIMA Human Technology (HT) platform, made an initial €750,000 investment in CDP Venture Capital and invested around €350,000 for a stake in real estate technology solutions firm Tecma Solutions.
Coima HT is embarking on a pilot programme aimed at using digital technologies to build stronger communities, “helping to boost inclusivity, engagement and drive positive social impact,” the real estate manager said.
Coima is partnering with the Italian government through CDP Venture Capital to support HabiTech, an accelerator for proptech start-ups in Milan.
Manfredi Catella, the founder of the Coima Group, said: “The launch of the €10m first phase of our digitisation programme is a milestone for the Coima Group.
“The start-up of Coima HT as well as the collaboration with the Italian government in launching Habitech the first national proptech accelerator in partnership with CDP Venture Capital, and our programme of investment in innovative technology companies, like TecmaSolutions, establish a coordinated and synergetic innovation plan.”
Catella said by harnessing the power of proptech and other digital technologies Coima will aim to “accelerate the transition to a low carbon economy”, with tech-enabled real estate leading the race to net zero, while also building strong and sustainable communities in “smart urban neighbourhoods”.
“The objective is to pilot, test and develop proptech solutions that are scalable and replicable, so they can be applied to in other neighbourhoods around the world,” Catella said.
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