trending Market Intelligence /marketintelligence/en/news-insights/trending/IG5Vf9NGom0JY4sLfxzerw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Hines buys mixed-use property in Milan

2018 US Property Casualty Insurance Market Report

Credit Analytics Case Study Poundworld Retail Ltd

Fintech

Fintech Funding Flows To Insurtech In February

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Hines buys mixed-use property in Milan

Real estate firm Hines bought the 27-story Torre Velasca mixed-use tower in Milan for an undisclosed sum.

Italian insurance company Unipol Gruppo SpA sold the property, which offers more than 20,000 square meters of office, multifamily and retail space. Hines, which made the purchase on behalf of the Hines European Value Fund, said it plans certain upgrades to the property.

Hines settled the transaction for approximately €150 million, Reuters reported, citing two sources close to the matter.

GVA Redilco represented Hines as the lead commercial agent, backed by an advisory team of Ashurst, AMMLEX, DLA Piper and EY.

Prelios Integra, REAAS, Asti Architetti, as well as FOA Studio Architetti Associati, were technical advisers. JLL advised Unipol.