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Milan: Unipol granted exclusive agency to Hines for Torre Velasca

07 August, Il Sole 24 Ore

After having received the biding offers from the various candidates, Unipol is said to have given exclusive agency to Hines for the acquisition of the iconic building Torre Velasca in Milan. According to rumours, Hines offered 150 million euro. The other favoured candidate, Artisa, offered 170 million euro, although presenting clauses difficult to implement on a building with architectural and safety restrictions.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi

 

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