The Bank of Italy is holding a tender process to appoint the adviser to manage the sale of of its real estate portfolio. The mandate would be for three years, the bank said, with an option for a two-year renewal. The bank owns properties valued at around EUR 330 mln in the country, mostly consisting of commercial real estate assets and a minority of residential units.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
