Second auction for Padua’s Matrix Shop centre: 10,4 million for 12.000 sq m

Going up for auction again is the Matrix Shop shopping centre in Capriccio di Vigonza, in the province of Padua. This was announced by Gobidreal.it, a pioneer of digital auctions.

The transaction has a starting value of 10,4 million euros, while the property totals over 12.000 sq m and is located in a strategic position, on the Strada statale 11 Padana Superiore, the direct route between Padua and Venice.

Matrix Shop up for auction on 13 October

The auction is scheduled for 13 October at 15, while it will be possible to submit bids by 12 October at 12.

The base price includes a reduction of over 30% compared with the first auction attempt, as well as a minimum bid increment of 20.000 euros.

It should be remembered in this regard that the centre has already undergone a first auction, by Immobili e Servizi, a company under arrangement with creditors. The lot was valued at 16,5 million euros, but the procedure was closed due to a lack of bids.

All documentation relating to the commercial complex (valuations, lease, Gse energy and Nda administrative documents) will be made available to each interested party via a data room, subject to a request and the signing of a specific confidentiality agreement to be sent to the operator’s certified email address.

The advantages of the commercial complex

Gobidreal.it also lists the advantages of the asset.

Floor areas and architecture: the commercial complex is characterised by two above-ground floors of approximately 7.600 sq m each, containing the various premises.

The ground floor accommodates approximately 2.200 sq m of retail space, as well as extensive areas dedicated to covered parking; the first floor is entirely given over to a shopping gallery for shops and a supermarket.

The complex is accessed via a dedicated roundabout on Via Udine, vehicle ramps, escalators and lifts.

Energy efficiency and systems: a photovoltaic system for generating electricity from solar power has been installed on the building’s flat roof; it has its own cadastral registration and is wholly owned by the procedure.

The system benefits from the incentive tariffs provided for by the Gse Spa agreements, which are already active, and from a contract for the dedicated withdrawal of the electricity produced, the rights to which will be transferred to the successful bidder.

Nine tenants for Centro Matrix

Transaction context: the property is currently leased for commercial use until 18 April 2031.

In practice, this expiry opens up a concrete window of opportunity to enhance the asset. At that stage, it will be possible to work on repositioning and realigning the market values of the property complex. In the meantime, it is still possible to benefit from the contribution of the photovoltaic system.

Gobit also emphasises that this is “a significant transaction for the real estate and economic development of the province of Padua and the Padua–Venice metropolitan hub, which falls within Preventive Arrangement no. 39/2014 of the Court of Padua. The auction is conducted via the ‘synchronous online sale’ method.”

The tenant roster of Matrix currently consists of 9 brands, among which the best-known are an Interspar (of Aspiag Service) and a department store Upim.

THE FLOOR PLAN OF MATRIX SHOP

This article was translated from the original Italian version with the assistance of artificial intelligence. In case of discrepancies, please refer to the original Italian version.