(Visited 215 times, 1 visits today)
(Visited 215 times, 1 visits today)
  • Transaction / Assets
    Office building in Milan
  • Seller
    NA
  • Buyer
    Hig Capital
  • € MM
    50

Hig bought offices in Milan in Corso Italia

12 April, Il Sole 24 Ore

Hig is riding the trend of growth the city is currently enjoying and has just bought in Milan in Corso Italia three office buildings to requalify. Hig Capital, the private equity fund with managed capitals for over 20 billion euro, has invested about 50 million euro for the acquisition and the renovation works. The deal has just been concluded, the interventions will start in 3-4 weeks and will finish by the second half of 2019. In the meanwhile, Hig has already registered the interest from the potential tenants, mainly banks and co-working spaces.

Hig has already invested in the Italian real estate market, buying offices in Rome and Milan and shopping centres, as well as over 95% of the capital of the International School of Europe (Ise), the international schools located in Milan, Modena, Monza, and Siena and with 1,500 students.

Source: Il Sole 24 Ore

Translator: Cristina Ambrosi

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