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Mediobanca launched a new club deal to invest in a prime asset in Via Turati, Milan

09 September, Il Sole 24 Ore

Mediobanca Private Banking has recently gathered a pool of about 20 investors to invest in a closed-end real estate investment fund reserved to a prime asset located in Via Turati 12, Milan city centre.  The investment is expected to provide gross yields between 3.5% and 4% in a period of 10 years. The office building was acquired by Immobiliare Stampa Spa, a Bain Capital Credit subsidiary. The luxury brand New Guards Group will occupy the entire space following the completion of the restructuring works.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi

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