Tecla Fondo Uffici, a Milan-listed investment fund managed by Pirelli Real Estate, has sold three buildings in Milan (two assets) and Rome for a total EUR 21mln. In a statement, Pirelli RE said the assets have been sold to an Italian institutional investor for a net yield of 6.5%.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
