PropertyEU

RAS Immobiliare buys Siemens' Italian HQ for EUR 85m

By A staff reporter 2007-10-04T00:00:00

RAS Immobiliare has agreed with German electronics giant Siemens on the purchase of the company's Italian head office in Milan. The acquisition price comes to a total of EUR 85 mln. The office building was sold in a sale-and-lease-back transaction, news agency Radiocor said on Thursday. The property is earmarked ...

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