Allianz’s real estate company Degi and Irish Life Insurance are acquiring the Laurentino shopping centre development project in Rome from Parsitalia. The purchase price will be fixed in 2010 after the shopping centre's opening and will depend on how much of the space has been rented out. Degi said the deal has an investment volume of about EUR 357 mln.
Allianz’s real estate company Degi and Irish Life Insurance are acquiring the Laurentino shopping centre development project in Rome from Parsitalia. The purchase price will be fixed in 2010 after the shopping centre's opening and will depend on how much of the space has been rented out. Degi said the deal has an investment volume of about EUR 357 mln.
Degi said it is buying 50.1% in the project for its Degi Europe Retail fund and Irish Life insurance is purchasing the remaining 49% for several investors. The Laurentino centre has 53,200 m2 of retail space on two levels, with total provision of 160 shops, a hypermarket, cinema and fitness centre.
