Namira

What Namira does

Namira S.G.R.p.A. is a privately held Milan-based Società di Gestione del Risparmio founded in 2007. The firm manages closed-end reserved Alternative Investment Funds investing in real estate and credit for private professional investors and domestic and international institutional investors. Its disclosed scale is 25 real estate funds, 1 credit fund, €1.5 billion of assets under management, and 1.2 million square meters of properties in portfolio.

The company’s products are fund vehicles rather than a software platform. Its real estate funds cover income-producing core/core-plus assets, value-added and development projects, healthcare facilities, logistics and industrial assets, hospitality, residential redevelopment, distressed real estate, and public-sector-linked initiatives; its credit activity focuses on credit with underlying real estate collateral, initially NPL portfolios and now moving toward direct financing for real estate operators. No proprietary technology platform is disclosed; Namira’s operating capability is based on investment analysis, real estate asset management, valuation, compliance, and risk management processes, supported by a reserved participant area for fund documentation.

Namira generates revenue through recurring fund management fees tied to assets under management, with any management or performance fee terms not publicly disclosed. Go-to-market is direct and relationship-led: the firm distributes closed-end reserved fund units through private placement to qualified professional and institutional investors rather than public retail channels. Its positioning rests on SGR authorization, closed-end fund structures, specialist real estate and credit expertise, and an independent ownership model not affiliated with a financial institution or real estate group.

Name

Namira

Legal name

Namira S.G.R.p.A.

Website

https://namirasgr.it

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Namira is a Milan-based private SGR managing closed-end reserved real estate and credit alternative investment funds for professional and institutional investors, with €1.5 billion in AUM across 25 real estate funds and one credit fund.

Ownership category

akta.pro rank

Product category

Real Estate Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282), Investors, Nec (6799), Finance Services (6199)

akta.pro primary industry

Investment Management Advisory (RIA) (FSAEAAAB)

akta.pro secondary industries

Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC), Specialized/Niche-Vertical RIAs (e.g., Medical, Tech, Executives, Athletes) (FSAAACAL), Non-Performing Loan (NPL) / Loan Portfolio Acquisition Funds (FSANAKAG)

Keywords

• Real estate fund management
• Alternative investment funds
• Closed-end FIA funds
• Credit fund management
• Private placement asset management

Headquarters

HQ city

Milan

HQ country

Italy

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Fund Management Fees: Namira generates revenue through management fees charged on the assets under management across its 25 closed-end real estate funds and 1 credit fund. As an authorized SGR (Società di Gestione del Risparmio) registered in the FIA Managers Register (Section Gestori FIA n°112), the firm earns recurring management fees tied to fund size and performance. Revenue is subscription/recurring in nature, derived from managing illiquid closed-end funds for professional and institutional investors.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Namira S.G.R.p.A. is an authorized Italian Asset Management Company (Società di Gestione del Risparmio) that manages 25 closed-end real estate funds and 1 credit fund investing in income-producing and development properties across residential, commercial, retail, logistics, healthcare, and hospitality asset classes, plus credit/NPL portfolios with real estate collateral. The firm distributes these Alternative Investment Funds (FIA) exclusively to private professional investors and institutional investors through private placement, earning recurring management and performance fees on €1.5 billion of assets under management.

Product overview

Namira is a Società di Gestione del Risparmio (SGR/Asset Management Company) founded in 2007, not a technology company offering a unified platform product. The company operates a portfolio of 26 distinct closed-end Alternative Investment Funds (FIA) — 25 real estate funds and 1 credit fund — managed on behalf of private professional investors and institutional investors. The real estate funds span multiple categories including core/income properties (Mercurio Retail Properties, Namira Nove, Namira Sette, Audace), development/value-added projects (Equilium, Geminus, Tolomeo, Tarvisium), healthcare/RSA facilities (Salute 2, Salute 3, Salute 3B, Salute 4), industrial/logistics (Industriale Italia, Star Pas Ita), hospitality (Open Village), credit/distressed assets (Ares 1, Namira Distressed Asset 1), and specialized public/private initiatives (Civitavecchia in Progress, Pisa in Progress, Serenity, Abitare Jesolo, Kalon, BDF, Modena Life, Sviluppo Edilizio Sostenibile, Ukhast). Assets under management total €1.5 billion across 1.2 million sqm of properties.

Differentiator

Problem solved

Functional benefit

Products and services

• Mercurio Retail Properties Core real estate fund investing in retail units and shopping centers, mainly in central and northern Italy. Target: professional and institutional investors in closed-end reserved FIA.
• Sviluppo Edilizio Sostenibile Fund investing in real estate assets, pledged-asset loans, residential and commercial properties, and land plots for development in Liguria. Target: professional and institutional investors in closed-end reserved FIA.
• Namira Sette Core real estate fund investing in industrial, commercial and tertiary properties mainly in the Emilia-Romagna region. Target: professional and institutional investors in closed-end reserved FIA.
• Namira Nove Core real estate fund investing in commercial properties (hyper and supermarkets) in Emilia-Romagna and Friuli-Venezia-Giulia regions. Target: professional and institutional investors in closed-end reserved FIA.
• Ares 1 Credit fund investing in non-performing loans (secured and unsecured) from Italian banks. Target: professional and institutional investors in closed-end reserved FIA.
• Abitare Jesolo Real estate development fund focused on residential projects in Jesolo, characterized by high quality and seafront locations. Target: professional and institutional investors in closed-end reserved FIA.
• Audace Core real estate fund investing in commercial properties (supermarkets and shopping centers), mainly in Friuli-Venezia-Giulia. Target: professional and institutional investors in closed-end reserved FIA.
• BDF Real estate development fund focusing on properties, land, and areas to be redeveloped and regenerated in western Liguria. Target: professional and institutional investors in closed-end reserved FIA.
• Civitavecchia in Progress Real estate fund reserved for public entities, investing in projects enhancing the development of areas and assets from public properties in Civitavecchia. Target: public entities and institutional investors.
• Equilium Real estate fund investing in residential development projects in Jesolo, focused on urban planning, building activity and sale of flats. Target: professional and institutional investors in closed-end reserved FIA.
• Geminus Real estate fund investing in development projects and income properties across residential, commercial and healthcare asset classes in central and northern Italy. Target: professional and institutional investors in closed-end reserved FIA.
• Industriale Italia Real estate fund investing in industrial and logistical properties with sale&lease-back strategy in high manufacturing density regions of central and northern Italy. Target: professional and institutional investors in closed-end reserved FIA.
• Kalon Real estate fund investing in residential real estate developments, acquiring real estate assets to be refurbished in northern and central Italy. Target: professional and institutional investors in closed-end reserved FIA.
• Modena Life SFDR Article 8 real estate fund investing in a development project to redevelop an area in Modena into a mixed-use complex (residential, hospitality, commercial and retail). Target: professional and institutional investors in closed-end reserved FIA.
• Namira Distressed Asset 1 Fund investing in real estate assets and pledged-asset loans from distressed loan positions, with properties in different uses mainly in central and northern Italy. Target: professional and institutional investors in closed-end reserved FIA.
• Open Village Real estate fund investing in hospitality development projects, specifically urban development between Eraclea and Jesolo to build tourist facilities. Target: professional and institutional investors in closed-end reserved FIA.
• Pisa in Progress Real estate fund focused on development and regeneration of areas backwater the tourist Marinas, with areas for residential, hotel and commercial use. Target: professional and institutional investors in closed-end reserved FIA.
• Salute 2 Real estate fund investing in development projects of RSA (residential care facilities), with focus on urban development of areas and sale of final products to institutional investors. Target: institutional investors in closed-end reserved FIA.
• Salute 3 Infrastrutture Socio Sanitarie Real estate fund investing in healthcare real estate assets (income producing properties managed by leading operators) in central and northern Italy. Target: institutional investors in closed-end reserved FIA.
• Salute 3B Infrastrutture Sanitarie e Socio Assistenziali Real estate fund investing exclusively in income producing healthcare real estate assets managed by leading sector operators in central and northern Italy. Target: institutional investors in closed-end reserved FIA.
• Salute 4 Real estate fund investing in development projects in the healthcare sector, focusing on urban development of areas and sale of built properties to institutional investors. Target: institutional investors in closed-end reserved FIA.
• Serenity Real estate fund dedicated to the development of a premium project in the Tuscan village of Castelfalfi. Target: professional and institutional investors in closed-end reserved FIA.
• Star Pas Ita Real estate fund investing in logistic and industrial warehouses with strategy focused on northern Italy locations and core+/core lease covenants. Target: professional and institutional investors in closed-end reserved FIA.
• Tarvisium Real estate fund investing in a residential development project in Treviso, focused on regeneration of an area in the city center. Target: professional and institutional investors in closed-end reserved FIA.
• Tolomeo Real estate fund investing in development projects across residential, commercial and healthcare asset classes, with focus on urban development and construction/sale of properties. Target: professional and institutional investors in closed-end reserved FIA.
• Ukhast Multi-compartment real estate fund developing high-tech hubs to be leased to leading players in the Internet Economy, with land banks for regeneration in northern Italy. Target: professional and institutional investors in closed-end reserved FIA.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Prelios SGR: Italian SGR operating in real estate and non-performing loan fund management; directly overlaps with Namira's mix of 25 closed-end real estate funds and 1 NPL credit fund serving institutional investors.
• Investire SGR (Investimenti Immobiliari Italiani): Italian SGR managing closed-end real estate funds for professional investors, including retail, office, and mixed-use assets; directly comparable in fund structure and investor type to Namira.
• Kryalos SGR: Independent Italian SGR managing closed-end real estate alternative investment funds; matches Namira's boutique independent positioning and FIA fund structure.
• Castello SGR: Italian SGR focused on closed-end real estate funds targeting institutional and private investors; competes in similar mid-size niche fund management space as Namira.
• DeA Capital Real Estate SGR: Italian alternative asset manager running real estate and infrastructure funds; comparable closed-end Italian real estate fund platform with similar institutional LP base.
• COIMA SGR: Italian SGR managing closed-end real estate funds with a focus on urban regeneration and investment management; comparable to Namira in asset class, regulatory status, and investor base of professional/institutional LPs.

Broad incumbents

• Patrizia (Brookfield Real Estate): European real estate investment manager (now part of Brookfield) operating closed-end pan-European funds including Italy; large incumbent with broader geographic reach than Namira but overlapping in strategies and LP type.
• Generali Real Estate: Captive asset manager of Generali Group investing in European real estate including Italy; much larger scale but competes for Italian institutional mandates and real estate opportunities.
• AXA Real Estate Investment Managers: Major global real estate investment manager with European closed-end fund offerings; overlaps with Namira at the institutional LP and Italian/European real estate deal level.
• BNP Paribas Real Estate Investment Management Italy: Large international real estate investment manager with significant Italian closed-end fund activity; broader product portfolio but overlaps with Namira in institutional Italian real estate mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Namira