Tikal Plaza buys Milan's Porta Vittoria for EUR 134m

Italian property entrepreneur Danilo Coppola has signed a preliminary agreement with Ipi to buy the Porta Vittoria site in the centre of Milan for a total of EUR 134 mln. The acquisition, made through his investment holding Tikal Plaza, is expected to be closed by the end of October. Coppola is buying the development from Ipi, which is currently 75%-owned by the Segre family and which he previously managed,.

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