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Korean investors looking for opportunities in Milan

17 July, Il Sole 24 Ore

There are about ten Korean groups potentially interested in investing in Milan and Rome, despite the shortage of assets to acquire. Among the most recent operations, there is Meritz Financial Group, which acquired 50% of the Vodafone Village from Coima Res for 213 million euro. Vestas acquired a couple of months ago the Pirelli building, while Kim (Korea investment management) with Cromwell bought the Pirelli Tyre building from Blackstone.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi