Savills IM picks up €60m Italian portfolio from €90m sale

GVA Redilco has advised an Italian pension fund on the sale of a real estate portfolio in northern Italy comprising 27 assets for a volume in excess of €90 mln.

According to GVA, Savills Investment Management, on behalf of an international investor assisted by Kervis Asset Management, purchased 22 of the assets for over €60 mln.

The portfolio comprises mixed-use assets with a value-add profile, mostly located in Lombardy.


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