|
“The property arm of Italian insurance giant Generali confirmed to PropertyEU on Thursday that it has acquired the Maciachini business centre in the heart of Milan for roughly EUR 300 mln.
The complex, which consists of eight office buildings with a total surface area of 86,000 m2, was sold by the German listed real estate group IVG Immobilien. The transaction includes around EUR 140-150 mln of equity, with the remainder in debt.
The acquisition was first reported by the Italian paper Milano Finanza on Wednesday. The transaction represents Italy's largest single asset deal so far this year.
Maciachini, located right in the centre of Milan, houses international tenants such as Zurich, Sorin, Mattel, Mont Blanc, Virgin and Levi's. The scheme will be transferred to Generali's Mascagni real estate fund, which has a life of 30 years and is specialised in investing in office buildings in Rome and Milan. The centre represents the first acquisition by the investment vehicle.
The buyer and the seller were not represented in the transaction.” ( tratto da Property EU) .
|
