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Blackstone to offer 1 bln € for Reale portfolio

20 July, Milano Finanza

Reale Compagnia Italiana might have reached an agreement to sell its real estate portfolio, and the favourite candidate is Blackstone, with an offer amounting to 1 billion €. The portfolio includes offices and retail assets mostly located in prime locations in Milan (Piazza Repubblica, Via Turati, Via Verdi, Via Vincenzo Monti, Via Montenapoleone) and Turin (Galleria Subalpina).

Source: Milano Finanza

Translator: Cristina Ambrosi

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