Prudential joins Honua to launch bid for Falck area

Troubled Italian property firm Risanamento is in talks with Korean investment firm Honua Group to sell its vast Falck redevelopment site in Milan's Sesto San Giovanni district, well-informed market sources confirmed to PropertyEU. According to Italian papers, the Korean group is partnering with American investor Prudential to launch a EUR 480 mln bid for the area located south of Milan.

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