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Mps put for sale real estate assets for 350 million

01 August, Il Sole 24 Ore

Mps has recently received the manifestations of interest for its real estate portfolio for 350 million. The portfolio includes five prime assets that alone represent 250 million of the value. These are the bank’s headquarters in Milan, two assets in Rome and two assets in Florence and Padua. It’s possible to acquire the assets also separately. Among the interested players, there are Apollo, Varde, Blackstone, Cerberus, Partners group, Starwood, Bain capital, Oaktree, and Lonestar.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi

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