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  • Transaction / Assets
    Residential complex in Maggiolina (Milan)
  • Seller
    UniCredit
  • Buyer
    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