PropertyEU

Luxembourg fund acquires Milan logistics park

By A staff reporter 2008-01-28T00:00:00

Property fund Holding Cinque has sold a logistics park in Paullo, Milan to Sireo Immobilienfonds No.4 SICAV for EUR 31 mln. The transaction reflected a gross yield of 6.5 %. The vendor was advised by Savills while Redilco represented the purchaser.

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