PropertyEU

Beni Stabili buys Ducale mall for EUR 40m

By A staff reporter 2012-01-02T00:00:00

Listed office-focused investor Beni Stabili Siiq has closed the acquisition of Il Ducale shopping centre in Vigevano, near the Italian city of Pavia. The investment volume of EUR 40 mln, including debt of EUR 12 mln, reflects a gross yield of 7%.

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