IGD Siiq sells shares in two Italian malls for EUR 59m

Italian retail specialist IGD Siiq has sold its share in two of the three shopping centres owned by RGD, its partnership with Beni Stabili. In a statement, the company said that it has sold its 50% interest in the Beinasco and Nerviano malls to Beni Stabili for a total of EUR 59 mln. The assets are valued at EUR 104 mln, according to the latest appraisal carried out by CBRE.

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