IGD Siiq buys high-street property in Bologna

By A staff reporter 2011-03-28T00:00:00

Italian REIT Immobiliare Grande Distribuzione (IGD SIIQ) has signed a preliminary agreement with Leggenda, part of clothing group Stefanel, to buy a high-street asset on Bologna's main shopping street, Via Rizzoli, for around EUR 25 mln, plus tax and other charges. The deal is expected to close by April 15.

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