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Mps is investing in prime properties

14 December, Nazione-Carlino-Giorno

Mps Capital Services, the business bank of the Montepaschi Group, issued a loan for 85 million euro to the mutual fund Fondo Opportunità Italia managed by Torre Sgr.

The loan will allow the fund to acquire real estate assets in prime areas in Milan and Rome. Among the assets held by the fund, there are some properties for outlet use in The Mall in Reggello (Florence). On 30th June, Torre Sgr reported managed assets for approximately 1.1 billion euro.

Source: Nazione-Carlino-Giorno

Translator: Cristina Ambrosi