Toti Group to sell Roman retail gallery for EUR 180m

Italy's Toti Group is in final talks with fund manager Sorgente SGR for the sale of the Colonna retail gallery in Rome for a price of around EUR 180-200 mln, Italian newspapers have reported. The company has reportedly emerged as the preferred bidder for the prime shopping centre in Rome ahead of the sovereign wealth fund Libyan Arab Foreign Investment Company (Lafico).

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