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offices Market News: Spanish Real Estate Intelligence

Mediobanca and Dea Capital competing over office building in Milan city centre
14 August, Il Sole 24 Ore The bid for the office building located in Via Santa Margherita, Milan, owned by Blackstone and managed by Krylalos is coming to an end. The only two competitors left are Dea Capital and Mediobanca. The asset is leased to primary companies such as Goldman Sachs, Huawei and Bnp Paribas. The value amounts approximately to 100 million euro, with a yield assessed around 3.5 %. Source: Il Sole 24 Ore Translator: Cristina Ambrosi  
 
Milan: investments in hotels and offices for 5.2 billion in the first part of 2019
12 August, Italia Oggi The Olympic games in 2026 and the new San Siro stadium are only two of the reasons for the attractivity of Milan real estate. As reported by Cbre, in the first semester of 2019, the city received investments for 5.2 billion euro, mainly in hotels and offices, this latter registering 1,790 billion. Source: Italia Oggi Translator: Cristina Ambrosi