The former Canadian embassy building in Rome has successfully been sold by DTZ's investment agency for over EUR 19 mln. Acting on behalf of the Canadian Embassy DTZ negotiated the deal with Aled Spa, a real estate group on Rome's market led by the entrepreneur Eduardo Salvador Safdie. The five-storey villa dates from the early 1900's and is located in the city’s semi-centre near Villa Torlonia and Villa Paganini.
The former Canadian embassy building in Rome has successfully been sold by DTZ's investment agency for over EUR 19 mln. Acting on behalf of the Canadian Embassy DTZ negotiated the deal with Aled Spa, a real estate group on Rome's market led by the entrepreneur Eduardo Salvador Safdie. The five-storey villa dates from the early 1900's and is located in the city’s semi-centre near Villa Torlonia and Villa Paganini.
Massimo Livi, DTZ's office director in Rome, commented: 'Given that a government property was involved, the sale strategy had to be highly transparent. The property was presented to a high number of institutional funds as well as private investors. The deal eventually drew considerable interest, considering the numerous bids made by investors that were attracted by the opportunity to buy a very exclusive property.'
