
property investment
MILAN
About Us
KI Assets is a European real estate investment and structuring team focused on identifying high-quality property projects and development partners in selected markets. Our work centres on analysing demand, execution capability, and project fundamentals to support professionally managed real estate initiatives.
We advise on capital structuring, bridge financing, leverage optimisation, and exit strategies on a project-specific basis.
Working primarily with professional and high-net-worth clients, we engage selectively with projects that meet defined analytical and operational standards. As part of the broader BrickFinance group ecosystem, KI Assets contributes investment expertise and project origination, including selected opportunities in the Italian market, while maintaining a disciplined, non-public and deal-driven approach.




Expertise in Real Estate
Our investment and structuring activities cover a diverse range of real estate projects across Milan and its surrounding areas. Each project is assessed against clearly defined criteria, including market demand, execution capability, capital structure, and downside protection, with decisions grounded in research-driven analysis rather than promotional assumptions.
At KI Assets, we approach real estate investment through discipline, big data-informed evaluation, and selective engagement. Our work incorporates market datasets, proprietary analytical frameworks, and long-standing local market insight to assess project viability, structuring options, and exit pathways, supporting informed capital allocation rather than speculative positioning.




KI Assets operates as part of KI Services and works alongside experienced financial professionals and real estate specialists. We collaborate with established Italian development, marketing and construction firms at the structuring and advisory level, focusing on capital efficiency, execution alignment, and project readiness.
We currently support a select portfolio of ultra-high-net-worth counterparties through SPV-based structures, facilitating access to professionally managed real estate projects. This portfolio reflects targeted commitments in excess of €11 million and forms part of a long-term, disciplined approach to structured real estate investment, conducted on a non-public and deal-specific basis.

diversification, discipline and risk management
Our investment philosophy is rooted in the principles of
High Growth Investment Opportunities
KI Assets focuses on structuring equity and secured debt participation in selected real estate projects within Milan and its surrounding metropolitan areas. Milan’s residential market benefits from long-term structural drivers, including sustained demand, infrastructure investment, and ongoing urban regeneration initiatives.
Recent years have seen organic growth of approximately 7% annually, with further expansion anticipated following major infrastructure developments such as the 2026 Olympic Games and the completion of Metro Line M4. Our analysis prioritises prime districts including Porta Nuova and CityLife, where redevelopment activity continues to reshape the urban environment and support demand. Property values in central Milan typically range between €10,000 and €25,000 per square metre, compared to €5,000–€7,000 in outer zones, reflecting differences in accessibility, infrastructure quality, and market depth.
Project structures may incorporate flexible acquisition and financing mechanisms, including bridge financing arranged with our banking partners such as UniCredit, as well as staged or preliminary title transfer structures, depending on project characteristics. These approaches are used to support clearly defined capital structures and project timelines, with transaction-specific frameworks adapted to the nature and duration of each project.









Our Team
KI Assets was founded by Ansis Kukainis and a team experienced in investment structuring and market advisory in Milan. We collaborate with globally recognized real estate brands, including Sotheby’s Realty, Engel & Völkers, Barnes, and Christie’s.


Armen Tovmasian brings extensive experience in investment banking and real estate finance, having held key positions at a major European bank. His strong network, including valuable connections with DILS, allows KI Assets to access select off-market and high-quality opportunities in Milan’s luxury property sector.
Armen Tovmasian
Gianluca guerra
Operating Officer
Co-founder and Managing Director
With a leadership background at International Real Estate companies, Gianluca brings the expertise and global insights of top-tier international real estate firms. His experience in luxury property transactions, operational management, and strategic planning supports the coordinated execution of complex real estate transactions at KI Assets.



discover KI Assets
Whether engaging as an individual or institutional counterparty seeking exposure to real estate projects, KI Assets provides structured insight and advisory support. Contact us to learn more about our approach and to stay informed about our activities
and our approach to structured real estate engagement in Italy — one of Europe’s most culturally rich and diverse countries.






