Transaction / Assets Office development in MilanSeller NABuyer Orion€ MM 100
Orion closed a 100 mln euro deal for an office development in Milan
03 July, Property Eu
Orion Capital Managers, through a fund managed by DeA Capital Real Estate, entered an agreement concerning a development in Milan, near Bisceglie metro station. Orion acquired the site for 100 million where the private equity company plans to develop offices for a total leasable area of 27,600 Sq m. This development is included in the broader project named SeiMilano, which is carried out by the joint venture formed by Värde Partners and Borio Mangiarotti and covers a 300,000 Sq m area.
Source: Property Eu
Translator: Cristina Ambrosi