PropertyEU

Sansedoni, Lehman JV buys for EUR 100m from MPS

By A staff reporter 2008-07-07T00:00:00

A 50/50 joint venture of Italy's Sansedoni and investor Lehman Brothers has completed the acquisition of 100% of bank MPS's Valorizzazioni Immobiliari (Vim). Vim owns a portfolio of 188 commercial units that were no longer central to Monte Paschi di Siena's business. The assets have a market value of around ...

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