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real-estate-transactions Market News: Spanish Real Estate Intelligence

Amundi acquired an office building in Milan from Ubs for 48.5 million euro
12 September, Bebeez Amundi Real Estate Italia sgr bought from Ubs the office building located in Via Gustavo Fara 26 in Milan for 48.5 million euro. The asset has a surface of 9,400 Sq m, it has been recently requalified, and it’s leased to multiple tenants. The building also offers a good growth potential in terms of rentals, considering its high-quality spaces and its excellent location. Source: Bebeez Translator: Cristina Ambrosi
 
Hig acquired Portopiccolo in Trieste
07 September, Milano Finanza The private equity fund Hig presented a binding offer for the tourist complex located near Trieste. The owner Rizzani de Eccher announced the sale of the assets. The complex is meant to be sold to a real estate fund under the Italian law, whose majority quota will be transferred to Hig, which will take care of the investment plan. Source: Milano Finanza Translator: Cristina Ambrosi