RREEF Fondimmobiliari - Cushman & Wakefield advised on the disposal of a vacant building in Milan city centre
The scope of our mandate was to find an equity purchaser for a prestigious vacant building in the heart of Milan. The property totals a gross area in the order of 12,500 m² divided between office and retail use and had been marketed previously before C&W appointed.
Cushman & Wakefield LLP were instructed by RREEF for the sale of the building, allocated in one of their real estate funds. C&W managed the entire process from initial marketing steps, to selection of offers, transaction negotiations and final conclusion of the sale contract.
RREEF finalised the sale of the building for a sum in the region of € 75 million.