PropertyEU

Beni Stabili sells in the US for EUR 50m

By A staff reporter 2010-10-13T00:00:00

Italian listed property company Beni Stabili has completed the disposal of a portfolio consisting of three properties in New York, Chicago and Los Angeles and leased to fashion group Prada. The transaction price amounts to $70 mln (EUR 50 mln), which compares to a book and market value of $66 ...

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