GVA Redilco has advised an Italian pension fund on the sale of a real estate portfolio in northern Italy comprising 27 assets for a volume in excess of €90 mln.
According to GVA, Savills Investment Management, on behalf of an international investor assisted by Kervis Asset Management, purchased 22 of the assets for over €60 mln.
The portfolio comprises mixed-use assets with a value-add profile, mostly located in Lombardy.