04/20/2026 | Press release | Distributed by Public on 04/20/2026 12:13
LONDON and ROME - April 20, 2026 - Bain Capital, a leading global private investment firm, today announced the sale of Severo 246, a fully repositioned office building located on Via Cristoforo Colombo in Rome.
The transaction marks the successful execution of a multi-year asset transformation strategy, under which Bain Capital repositioned a legacy single-tenant office into a modern, high-quality workspace aligned with current occupier demand. Severo 246 comprises approximately 12,000 sqm of office space in the Greater EUR district, a well-established business area in the capital.
Following the departure of the incumbent tenant, the firm undertook a comprehensive refurbishment and leasing programme, including the redevelopment of internal layouts, upgrades to common areas, and the introduction of modern amenities. The building was subsequently fully pre-leased ahead of completion and delivered to a new occupier in 2025.
Severo 246 is located on Via Cristoforo Colombo, a major arterial route equidistant from Rome's city centre and the EUR office district, and benefits from strong connectivity and proximity to a range of corporate occupiers.
"This transaction reflects our ability to identify underutilised assets and reposition them through hands-on execution," said David Cullen, a Partner on Bain Capital's Europe Real Estate team. "We acquired a single-tenant building with leasing risk and transformed it into a modern, fully leased asset aligned with tenant demand. It is a strong example of how we create value through disciplined asset management and local execution."
"Severo 246 is representative of our broader approach in Europe, where we focus on situations that require operational expertise and capital investment to unlock value," said Javier Ortigosa, an Operating Partner at Bain Capital. "From refurbishment through leasing and delivery, this was a full-cycle investment that demonstrates the strength of our platform."
The investment formed part of Bain Capital's Europe Real Estate strategy, which focuses on repositioning and developing high-quality assets across living, logistics, hospitality and office sectors in supply-constrained markets.
Financial terms of the transaction were not disclosed.
Advisors
JLL and Cushman & Wakefield act as sell side advisors to Savills Investment Management SGR and Bain Capital. Gatti Pavessi Bianchi Ludovici provided legal counsel on the transaction.
ENDS
About Bain CapitalFounded in 1984, Bain Capital is one of the world's leading private investment firms. We are committed to creating lasting impact for our investors, portfolio companies, and the communities in which we live. As a private partnership, we lead with conviction and a culture of collaboration, advantages that enable us to innovate investment approaches, unlock opportunities, and create exceptional outcomes. Our global platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. In these focus areas, we bring deep sector expertise and wide-ranging capabilities. We have 24 offices on four continents, more than 1,900 employees, and approximately $225 billion in assets under management. To learn more, visit https://www.baincapital.com. Follow @BainCapital on LinkedIn and X (Twitter).