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  • Transaction / Assets
    Former La Stampa HQ in Turin
  • Seller
    NA
  • Buyer
    Azimut
  • € MM
    38

Azimut acquired former La Stampa HQ in Turin for 38 mln €

11 May, La Stampa

Azimut signed for 38 million € the preliminary contract to acquire from a private seller a part of the former La Stampa offices in Via Marenco, Turin, which will be converted into facilities of the University of Turin. The asset, which covers approximately 16,000 Sq m, will accommodate classrooms and various facilities, as well as the University archives. The operation was funded by Banco Bpm and Intesa Sanpaolo.

Source: La Stampa

Translator: Cristina Ambrosi