Orion Capital Managers has agreed to acquire the Milano 4 development project in Milan, Italy, from the real estate arm of the Berlusconi family’s Fininvest investment unit.
Savills Investment Management has bought 125 Shaftesbury Avenue in London from Almacantar for £267 mln (€296 mln) on behalf of a club of Korean institutional investors managed by Vestas Investment Management.
UBS Asset Management is believed to be in advanced negotiations to acquire the Eurcenter in the Italian capital, EuroProperty can reveal.
Chinese Fosun-owned insurer Fidelidade has emerged as the winner of the auction for the former fairground site in Entrecampos, in the heart of Lisbon’s main office district.
South Korea’s Vestas Investment Management has signed one of the largest logistics deals in Europe this year with the purchase of a major property in Northern Italy.
Properties are expected to fetch significantly below acquisition price.
Asset manager beats bidders to one of city’s largest offices held by SEB Immoinvest fund.
Spain is latest market for specialist after building up 20,000-bed portfolio in Germany, Ireland and UK.
Three preliminary bids have been received for Lisbon’s former fairground site ahead of the deadline for offers, set for 12 December following several postponements.