IT

Real Estate since 1974

Update for our stakeholders #1 – 16/07/2025

Milan, 16 July 2025

According to a statement by Milan’s chief prosecutor, Milan police launched an investigation involving several developers, asset managers (SGRs), architects, public officials and members of the mayor’s office.

Manfredi Catella, founder and CEO of COIMA, affirmed: “Today we received a notification from the Court of Milan informing us of the ongoing investigation into a feasibility study previously entrusted by our company to an Italian architect.

Given the architect’s role as one of the 11 members of the City of Milan’s landscape commission until 2024, it is assumed that the professional assignment may have influenced the professional’s conduct on the commission regarding projects promoted by our company.

We have promptly provided all information requested and conducted internal checks to confirm compliance, which we will be able to solidly substantiate. Transparency and legality are fundamental to our group and to all of us, and we will be able to resolutely affirm this in this circumstance as well.”

Manfredi Catella
Founder & CEO
COIMA SGR

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Update for our stakeholders #1 – 16/07/2025

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