Beni Stabili has sold a property in Milan for EUR 22 mln, realising a EUR 12 mln capital gain. The asset, originally bought for EUR 6.9 mln, was previously part of the Comit portfolio, the company said in a press release. The transaction is part of Beni Stabili's major disposal of the Comit fund for a total of EUR 475 mln and a yield of 7%.
Beni Stabili has sold a property in Milan for EUR 22 mln, realising a EUR 12 mln capital gain. The asset, originally bought for EUR 6.9 mln, was previously part of the Comit portfolio, the company said in a press release. The transaction is part of Beni Stabili's major disposal of the Comit fund for a total of EUR 475 mln and a yield of 7%.
