Milan, Italy

 

Milan, Italy

Office

 
 

PROJECT

  • Commercial building in the ancient city center of Milan

  • Lettable area: 2,000 sqm

  • Plot size: 1,000 sqm

  • Single tenant with BBB S&P credit rating

VALUE-ADD

  • Identified buyer

  • Negotiated and arranged the purchase agreement in name of the buyer

  • Coordinated the establishment of the SPV investment structure (Luxemburg SICAV, Italian S.I.F.)

  • Commercially negotiated and arranged the purchase agreement in name of the buyer

TRANSACTION DETAILS

  • Transaction Volume: EUR >30 MM

  • Investor IRR: 6.63% p.a. over 5 years

  • Buyer: Korean Single-Family Office

  • Seller: Italian Endowment Fund

OfficeCatherine Rhoades