Prada buys back logistics assets for EUR 50m

By A staff reporter 2011-01-20T00:00:00

Italian beauty and fashion group Prada has confirmed the acquisition of a portfolio of four logistics assets in Montegranaro, Arezzo and Montevarchi, northern Italy, for around EUR 50 mln. The seller is Spazio Industriale, a closed-end fund managed by Prelios, formerly Pirelli Real Estate.

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