Hamburg-based Union Investment Real Estate has acquired the Monza shopping centre in Northern Italy for its UniImmo: Deutschland open-ended real estate fund. The investor purchased the property from ImmobiliarEuropea for around EUR 143 mln. CB Richard Ellis advised the vendor while Jones Lang La Salle acted for the buyer.
Already have an IPE Real Assets account? Sign in
If you had a PropertyEU account, simply reset your password to get access to IPE Real Assets.
New users can Register for free today for access to the PropertyEU Archive and IPE Real Assets.
Registration also includes access to IPE