Generali Real Estate has won the bid to acquire a residential complex in Milan’s Maggiolina district, from Fondo Pensione UniCredit. Although financial details were not disclosed, market sources put the deal price at over €80 mln.
Generali Real Estate has won the bid to acquire a residential complex in Milan’s Maggiolina district, from Fondo Pensione UniCredit. Although financial details were not disclosed, market sources put the deal price at over €80 mln.
Big pension funds, insurers and major asset managers intensified their investment activity in the week before Expo, with well over €2 bn of real estate changing hands.