Sorgente makes EUR 480m bid for Milan's Rinascente

By A staff reporter 2011-01-10T00:00:00

Italian fund manager Sorgente is leading a consortium of Italian investors that has presented a EUR 480 mln offer to buy the historic Rinascente building at Milan's Piazza Duomo. The property is owned by the Retail & Entertainment fund, which is managed by Prelios (formerly Pirelli Real Estate) and is ...

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