Dutch listed retail property specialist Corio is understood to be selling Il Maestrale retail gallery in Senigallia, Central Italy, PropertyEU has learned.
Dutch listed retail property specialist Corio is understood to be selling Il Maestrale retail gallery in Senigallia, Central Italy, PropertyEU has learned.
JLL has been mandated to divest the scheme which was bought in 2003 for just over €23 mln.
Built in 1999, the retail gallery has a total area of 20,000 m2 and 1,400 parking spaces, and is complemented by a 12,500 m2 Ipercoop hypermarket (not included in the deal).
Corio declined to comment on the deal.
Also in Italy, CBRE Global Investors is understood to have put its I Petali shopping centre up for sale. Located in Reggio Emilia, the mall is managed by Multi and provides nearly 28,000 m2 of gross lettable space. The scheme was bought by ING REIM (today's CBREGI) in March 2008 for €91 mln.
