Real estate fund Polis has acquired a mixed-use complex from Italian Societa Alfa Logic and Holding Cinque V in Gorgonzola, near Milan, for €40.4 mln. The complex includes three logistics premises and an office building providing a gross lettable area of 47,800 m[sup]2[/sup]. The initial yield of this transaction comes to 6.41%, Polis stated in a press release.
Real estate fund Polis has acquired a mixed-use complex from Italian Societa Alfa Logic and Holding Cinque V in Gorgonzola, near Milan, for €40.4 mln. The complex includes three logistics premises and an office building providing a gross lettable area of 47,800 m2. The initial yield of this transaction comes to 6.41%, Polis stated in a press release.
Polis Fondi Immobiliari is 49% controlled by five Italian banks and by trust company Unione Fiduciaria. Listed on the stock market since April 2001, it has a portfolio of about €312 mln.
