GVA Redilco advisor to DeA Capital for the sale of an office building in Milan

GVA Redilco‘s Capital Markets team has assisted the “Private Real Estate” Closed-End Real Estate Mutual Investment Fund, managed by Dea Capital SGR SpA, in the sale of an office complex located in via Sile 18 in Milan, to a Swiss family office based in Zurich, following a competitive process.

The asset, partially let to prime tenants, comprises three buildings connected to each other for a total area of approx. 11,000 sqm and is characterized by flexible and efficient spaces.

Located in the south-east quadrant of Milan, a strategic area considering the ongoing transformations and urban regeneration plans that are affecting the district, the asset is close to the MM3 Corvetto metro station (200 m) in a dynamic urban context that is characterized by the forthcoming regeneration of the Scalo Romana and by new real estate developments attracting prime tenants and leading end users.

This deal represents further confirmation of the attractiveness of the area close to the Scalo Romana, which catalyzes a growing volume of investments.