Re Genera
Invimit’s National Mission for the Regeneration of Public Assets
We listen, redesign, and bring back the shine.
Every public property can once again bring value to the community.
REgenera is Invimit’s mission that makes it possible.
The Context
INVIMIT SGR – Asset management company serving the public interest
Invimit SGR S.p.A. is an asset management company wholly owned by the Italian Ministry of Economy and Finance.
It operates through closed-end real estate investment funds with a clear institutional mandate: to enhance and regenerate Italy’s public real estate assets.
Unlike traditional asset management companies, Invimit was established to combine profitability with the public interest, focusing on three key areas:
- Recovery and reactivation of underutilized public properties
- Generation of economic, social, and environmental value for local communities
- Gradual reduction of public debt
Revitalizing public heritage, regenerating the nation
Invimit operates on assets owned by the State, local authorities, and other public entities through innovative, sustainable, and replicable tools.
Its activities are structured along two main operational lines:
- Direct Funds: management of real estate assets aimed at reuse and regeneration
- Funds of Funds: strategic investment in real estate funds to maximize financial efficiency and social return
In every project, the goal is twofold: to restore function to underutilized public assets and to generate collective, lasting, and measurable value.
The Mission
What is REgenera?
REgenera is the strategic mission of Invimit SGR dedicated to the regeneration of disused or underutilized public real estate assets.
It is not a single project, but a national operational platform made up of independent yet coordinated initiatives, all sharing a common goal: unlocking the untapped potential of public properties for the benefit of the country.
REgenera represents the most advanced expression of public action for urban and territorial regeneration.
It is the core of Invimit’s commitment to restoring value to public assets, in collaboration with qualified partners and in line with ESG principles.
The mission pursues a dual objective:
- To generate economic, social, and environmental impact through the reuse of public property
- To contribute to the reduction of public debt through strategic investment
Specifically, REgenera is built on four operational pillars:
- Active involvement of operators from the early planning stages
- Public-private co-valorization of strategic assets
- Functional redevelopment of assets tailored to local needs
- Definition of a scalable, nationally replicable model
REgenera is the concrete expression of Invimit’s mission: enhancing public assets, regenerating places, creating value.
A Mission Structured in Multiple Operational Phases
REgenera unfolds in successive, scalable phases, designed to foster effective dialogue with the market and ensure maximum efficiency in asset enhancement operations.
1. Selection of Real Estate Assets
Invimit identifies, within its managed funds, the properties with the greatest regeneration potential, based on urban planning, territorial, economic, and functional criteria.
2. Preliminary Market Consultation
A structured dialogue phase is launched with the market, primarily aimed at AIFMs (Alternative Investment Fund Managers), but also open to other qualified economic operators. The goal is to gather expressions of interest, proposals, and project ideas.
3. Access to Information and Enhancement Proposals
Interested parties, upon formal request and signing of a confidentiality agreement, are granted guided access to the documentation of selected properties, allowing them to submit concrete, sustainable proposals aligned with public objectives.
4. Operational Meetings and Technical Dialogue
Throughout the process, thematic working groups, public meetings, and technical sessions are held with stakeholders to promote project quality and encourage strategic public-private partnerships.
5. Assessment and Selection of Interventions
Invimit evaluates the submitted proposals and selects those most aligned with its mission, initiating tangible regeneration processes accompanied by a careful assessment of economic, environmental, and social impact.
Assets Involved – Initial Asset Portfolio
The first operational phase of the REgenera mission began with the selection of properties located in six Italian regions, chosen for their strategic relevance and transformative potential:
- Abruzzo – Chieti, Giulianova
- Liguria – Genoa
- Piedmont – Novara, Turin
- Apulia – Bari
- Tuscany – Pisa
- Umbria – Perugia
All assets are currently in a state of decommissioning or disuse and are eligible for recovery interventions, including potential changes in intended use.
Transparency Note
Should advanced negotiations with a potential buyer take place, Invimit will promptly indicate the exclusion of the property from the teaser, due to the received offer.
Renovation in Progress – Preliminary Redevelopment Ideas
| Immobile | Intervento di recupero | Scheda |
|---|---|---|
| Fano, Via Montegrappa 1G | Ristrutturazione Avviata - Prime Idee di Recupero | DOWNLOAD |
| Perugia, Via Cacciatori delle Alpi 32 | Ristrutturazione Avviata - Prime Idee di Recupero | DOWNLOAD |
| Chievo, Via Monte 2 | Ristrutturazione Avviata - Prime Idee di Recupero | DOWNLOAD |
| Bologna, Via Massimo D’Azeglio, 41 (Ospedale degli Innocenti) | Ristrutturazione Avviata - Prime Idee di Recupero | DOWNLOAD |
| Torino, Via Settimio Severo 75 | Ristrutturazione Avviata - Prime Idee di Recupero | DOWNLOAD |
Renovation in Progress – Asset OFF Market
| Immobile | Intervento di recupero | Scheda |
|---|---|---|
| Pisa, Via Paradisa 11 | Ristrutturazione Avviata - Asset OFF Market | DOWNLOAD |
Call for Ideas
| Immobile | Intervento di recupero | Scheda |
|---|---|---|
| Torino, Corso Turati 1G/7 | Call for Ideas | DOWNLOAD |
| Novara, Via Claudio Monteverdi 4 | Call for Ideas | DOWNLOAD |
| Chieti, Viale Principessa di Piemonte 83-85 | Call for Ideas | DOWNLOAD |
| Giulianova, Via Zara SNC | Call for Ideas | DOWNLOAD |
| Torino, Corso Valdocco 7 | Call for Ideas | DOWNLOAD |
| Torino, Via Principe Amedeo, 17 | Call for Ideas | DOWNLOAD |
| Bari, Via Camillo Rosalba 41 | Call for Ideas | DOWNLOAD |
| Genova, Via Bertani 1 | Call for Ideas | DOWNLOAD |
| Bologna, Via Martelli 22-24 (Villa Pallavicini) | Call for Ideas | DOWNLOAD |
| Lerici, Via Giacomo Matteotti 63 (Villa Primazzina) | Call for Ideas | DOWNLOAD |
| Venezia, Via dei Bagni 5 | Call for Ideas | DOWNLOAD |
| Bologna, Via Galliera – Via Milazzo – Via Montebello | Call for Ideas | DOWNLOAD |
| Roma, Via della Mercede 52 | Call for Ideas | DOWNLOAD |
| Impruneta, Via Imprunetana per Pozzolatico 124 | Call for Ideas | DOWNLOAD |
| Spoleto, Piazza Giosuè Carducci 15 | Call for Ideas | DOWNLOAD |
| Sabaudia, Piazza del Comune 23 | Call for Ideas | DOWNLOAD |
| Roma, Via Giosuè Borsi 11 | Call for Ideas | DOWNLOAD |
| Genova, Corso Italia 30 | Call for Ideas | DOWNLOAD |
Continuous Engagement and Operational Instruments
The REgenera mission is designed as an open, participatory, and efficiency-oriented process. During the consultation phase, Invimit may activate:
- Public meetings with local and national stakeholders
- Operational roundtables dedicated to individual proposals
- One-on-one discussions with prospective proponents
This operational approach strengthens the dialogue between public administration and private operators, fostering transparency, co-design, and high-quality interventions.
Strategic Objectives and Expected Impact
Through the REgenera mission, Invimit SGR aims to:
- Activate virtuous processes for the regeneration of decommissioned public assets
- Engage qualified investors in operations with measurable impact
- Promote the functional reuse of properties for the benefit of local communities
- Contribute to the reduction of public debt through strategic investments
- Integrate ESG principles at every stage: from asset selection to project design and implementation
REgenera is the driving force behind public regeneration in Italy
With REgenera, Invimit strengthens its role as a bridge between the public sector and private investors.
A structured, replicable, and forward-looking mission that revitalizes underutilized assets and generates tangible value for the country.