Italian asset manager DeA Capital Real Estate has acquired two office assets in Milan and signed an agreement for an office in Rome from Kryalos for over €122 mln.
The deal was struck on behalf of the Ippocrate fund, a closed-end alternative real estate investment vehicle managed by DeA.
The two Milan properties, 13/15 Corso di Porta Romana and 7/9 Piazza Velasca have been recently connected to form a single tenancy, currently leased to a market consulting company.
The property at 54 Via Veneto in Rome is entirely leased to international co-working firm Spaces.
DeA Capital secured the portfolio deal in a competitive sales process organised by Kryalos. All three assets were held in the Kryalos All Star fund.
