IRGENRE Pompei S.r.l.’s €90 Million Financing To Develop The Real Estate Mixed Use ‘Maximall Pompeii’

IRGENRE Pompei S.r.l.'s €90 Million Financing To Develop The Real Estate Mixed Use 'Maximall Pompeii'

Legance – Avvocati Associati and White & Case advised on the deal.

IRGENRE Group closed the senior term credit facility related to the development of the mixed-use real estate complex Maximall Pompeii, worth over €170 million.

Founded more than 25 years ago and headquartered in Milan, the IRGENRE Group is an established player in the commercial real estate development and management market.

The pool of lenders includes UniCredit S.p.A., acting also as Agent, Intesa Sanpaolo S.p.A., Banco BPM S.p.A. and MPS Capital Services Banca per le Imprese S.p.A., acting also as Mandated Lead Arrangers.

The approximately 200,000 square meter Maximall Pompeii complex is being developed near Pompeii, Naples, and will offer shopping, entertainment, leisure and tourist attractions.

Legance advised the lenders with team led by partner Giandomenico Ciaramella, counsel Giovanni Troisi, associates Alessandro Marino, and Giacomo Farinati. Senior counsel Francesco Di Bari and associate Francesca Sipala, counsel Francesco Castoldi, senior associate Giulia Ponomarev also participated.

The White & Case team in Milan which advised IRGENRE Group on the transaction comprised partners Iacopo Canino (Picture) and Ferigo Foscari, associate Bianca Caruso and lawyer Roberta Monasterolo.

Involved fees earner: Francesco Castoldi – Legance; Giandomenico Ciaramella – Legance; Francesco Di Bari – Legance; Giacomo Farinati – Legance; Alessandro Marino – Legance; Giulia Ponomarev – Legance; Francesca Sipala – Legance; Giovanni Troisi – Legance; Iacopo Canino – White & Case; Bianca Caruso – White & Case; Ferigo Foscari – White & Case; Roberta Monasterolo – White & Case;

Law Firms: Legance; White & Case;

Clients: Banco BPM S.p.A.; Intesa Sanpaolo S.p.A.; IRGENRE Pompei S.r.l.; Mps Capital Services; Unicredit S.p.A.;