23 February, Monitor Immobiliare
Meininger Hotels entered a lease agreement for the management of a former hostel in Mestre (Venice) for a total of 434 beds. The hotel, which develops over seven floors and covers 4,500 Sqm, is expected to open in the second half of 2022 following some minor renovation works.
Source: Monitor Immobiliare
Translator: Cristina Ambrosi
22 February, Bebeez
Patrizia AG bought from RealStep an entire office building in Via Ripamonti, Milan. The area is undergoing a requalification process as it prepares to accommodate the Olympic Village for the 2026 winter games. The asset develops over eight floors and covers a total surface of 11,000 Sqm.
Source: Bebeez
Translator: Cristina Ambrosi
18 February, Monitor Immobiliare
Following the tender launched by the City of Milan, Tod’s will lease a commercial space in Galleria Vittorio Emanuele, Milan, for €1.805 million a year. The brand will replace Bric’s, which will move to another part of the gallery.
Source: Monitor Immobiliare
Translator: Cristina Ambrosi
17 February, Bebeez
VGP acquired two areas north of Milan to develop VGP Park Milano Paderno Dugnano and VGP Park Legnano. The former will develop over 95,000 Sqm, with a leasable surface of 44,000 Sqm, while the latter will cover 50,000 Sqm with a leasable surface of 24,500 sqm.
Source: Bebeez
Translator: Cristina Ambrosi
15 February, Monitor Immobiliare
DeA Capital Real Estate completed the acquisition of a logistic asset in Passo Corese, province of Rieti. The property is LEED GOLD certified and covers 60,000 Sqm.
Source: Monitor Immobiliare
Translator: Cristina Ambrosi
18 February, Bebeez
Swiss Artisa Group AG entered a preliminary contract to acquire an office building in the Quadrilatero area, Milan, from Torre Sgr for €35.5 million. The asset develops over six floors and covers a total surface of 3000 Sqm. Artisa plans to requalify the property and complete the works by the second half of 2022.
Source: Bebeez
Translator: Cristina Ambrosi
03 February, Mark Up
Lendlease signed the first binding agreements for the creation of Spark Food District, which will open on the ground floor of the buildings Spark One and Spark Two in Santa Giulia, Milan. The food district will cover 2,100 Sqm in total. Located in the heart of the business district and not far from Santa Giulia residential area, the food district will have a catchment area of over 10,000 people within 15 minutes.
Source: Mark Up
Translator: Cristina Ambrosi
17 February, Finance Community
BC Partners European Real Estate I and Kervis Group acquired from Europ Assistance Italia an office complex in the Porta Romana area in Milan. The investors will requalify the asset to develop offices and residences for sale covering a total surface of 9,000 Sqm.
Source: Finance Community
Translator: Cristina Ambrosi
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