Transaction / Assets Residential complex in Maggiolina (Milan)Seller UniCreditBuyer Generali Real Estate Sgr€ MM 80.7
Generali bought from UniCredit residential complex in Maggiolina (Milan) for 80.7 mln €
07 May, Bebeez
Generali Real Estate Sgr acquired from a UniCredit pension fund a residential development in Maggiolina, Milan, for 80.7 million €. The asset consists of 18 residential buildings covering a 34,000 Sq m surface for a total of 144 apartments.
Generali will sell a part of the complex on the retail market. Another part will be dedicated to senior living, while the remainder will be requalified and leased according to a multifamily Private Residential Sector (PRS) model.
Source: Bebeez
Translator: Cristina Ambrosi