Gibeon Partners has reached a pipeline of 1,000 residential units in Milan and is looking toward new markets with optimism and determination.
Gibeon Partners https://www.gibeonpartners.com is an urban development and regeneration company
Founded and led by Luca Marcolongo, Alessandro Ahmad, and Edoardo Brillante (pictured below, in that order), the company specializes in identifying, acquiring, and converting existing buildings into residential projects. It oversees all phases of these projects, from opportunity selection to structuring, development, and marketing.
To develop its projects, Gibeon Partners collaborates with architectural firms, real estate professionals, and organizations in the contemporary art world. These partnerships are complemented by investors and institutional funds involved in structuring and executing the projects.
Luca Marcolongo
At the heart of Gibeon Partners’ model is the redevelopment of existing buildings, which are transformed into residential projects with a focus on quality of life, efficient use of space, and affordability for the end buyer.
The company, which specializes in urban development and regeneration, has launched more than 30 projects over the past 18 months, totaling more than 40,000 square meters of redeveloped space. The aggregate value of these projects is approximately 200 million euros.
Among the key projects is the Piazza Udine project, which involves the conversion of approximately 7,800 square meters of space previously used for offices into residential units. The plan includes 130 residential units and approximately 800 square meters of retail space at street level. The total reported value of the transaction is 40 million euros.
“Reaching a pipeline of 1,000 units represents for us not only a milestone in terms of scale, but above all confirmation of the effectiveness of the model we have built in Milan. We want to continue growing by taking a selective approach to acquisitions, maintaining discipline in structuring transactions, and focusing on enhancing the value of our existing real estate portfolio.”
- Gibeon Partners: New Opportunities and Investments Beyond Milan
Milan remains the primary market, but favorable conditions are prompting the company to consider applying the same model in other cities as well.
In Italy, the company is focusing in particular on Rome and Bologna. In Europe, Madrid and Athens are among the markets currently being evaluated by management.
To support this expansion, Gibeon Partners is prepared to invest an additional 200 million euros, with the goal of gradually expanding its pipeline and capitalizing on new opportunities.
The strategy remains focused on selecting properties with potential for conversion or redevelopment, emphasizing residential projects and off-market opportunities capable of generating value through the transformation of the built environment.
