Transaction / Assets Palazzo dell Poste MilanSeller KryalosBuyer Mediobanca€ MM 246.7
Milan: Kryalos sold trophy asset in Piazza Cordusio to Mediobanca investors for 246.7 mln €
29 December, Kryalos
Kryalos Sgr completed the sale for 246.7 million € of the former Palazzo delle Poste in Piazza Cordusio, Milan, to a club deal of investors coordinated by Mediobanca. The trophy asset used to accommodate the central post office and was renovated between 2015 and 2018 with an investment of 23 million €, obtaining the LEED Gold certification. The building is currently let to Starbucks, while its office space is leased to JP Morgan, Natwest and Kryalos.
Source: Kryalos
Translator: Cristina Ambrosi