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Banco Bpm to sell two real estate portfolios
9 October, Il Sole 24 Ore
Banco Bpm is currently working at two operations. The first one is named Project Brera and concerns a UTP portfolio for a gross value of about 400-450 million €. The portfolio consists of credits towards Statuto Group and includes 11 assets located in Milan, Rome, Naples and Liverpool. Bain Capital, Apollo, Dea Capital Real Estate, King Street and Fortress are among the candidates.
The other operation is Project Mistral concerning three properties owned by Bpm. Two of them are located in Milan and one in Rome.
Source: Il Sole 24 Ore
Translator: Cristina Ambrosi