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Bank of Montréal investing in high-street in Milan and Rome

22 October, Il Sole 24 Ore

BMO Real Estate Partners, the Pan-European company specialised in real estate investments of the group Bank of Montréal, is currently focusing on high-street investments in the top streets of Milan and Rome, identified as the most promising cities in the Italian market.

BMO has already acquired seven assets in Italy, for a total of 360 million euro. Among the assets, there are Coin Excelsior and the Loro Piana shop in Rome, as well as Brioni in Milan. The company is currently carrying out some off-market negotiations concerning new acquisitions, including another asset in Via Condotti and two buildings in Milan for a total value of 40 million.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi