Italiian property giant Beni Stabili Gestioni has announced the sale of a real estate complex located in Rome. The transaction value comes to EUR 35 mln. The office property was owned by Beni Stabili's real estate fund Immobilium 2001. The company said that the sale yields capital gains of almost EUR 7 mln compared to the amount paid for the building in end-2002. The market value of the property is currently EUR 30 mln, Beni Stabili added. The company declined to name the buyer of the building.
Italiian property giant Beni Stabili Gestioni has announced the sale of a real estate complex located in Rome. The transaction value comes to EUR 35 mln. The office property was owned by Beni Stabili's real estate fund Immobilium 2001. The company said that the sale yields capital gains of almost EUR 7 mln compared to the amount paid for the building in end-2002. The market value of the property is currently EUR 30 mln, Beni Stabili added. The company declined to name the buyer of the building.