Italian property company Beni Stabili has signed a preliminary agreement for the sale of two office buildings in Milan for EUR 42mln. The buyers are Italian company Inpartner and 2M SGR-managed PRE fund. The transaction is expected to complete by the end of the year. The assets generate a yield of 4.2% and 1, 9% respectively, the Italian company said in a statement.
Italian property company Beni Stabili has signed a preliminary agreement for the sale of two office buildings in Milan for EUR 42mln. The buyers are Italian company Inpartner and 2M SGR-managed PRE fund. The transaction is expected to complete by the end of the year. The assets generate a yield of 4.2% and 1, 9% respectively, the Italian company said in a statement.