The management board of listed Italian real estate developer Risanamento has approved the sale of the Falck development site in Milan to Bi & Di Real Estate for EUR 405 mln. In a statement, Risanamento confirmed that it has received an offer from Bi & Di on behalf of a consortium of the Korean group Honua Investment Management, Consorzio Cooperative Costruzioni, Le Copains' Bandiera Group and a group of banks.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
