Polis purchases property near Milan

Real estate fund Polis has acquired a mixed-use complex from Italian Societa Alfa Logic and Holding Cinque V in Gorgonzola, near Milan, for €40.4 mln. The complex includes three logistics premises and an office building providing a gross lettable area of 47,800 m[sup]2[/sup]. The initial yield of this transaction comes to 6.41%, Polis stated in a press release.

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