Banca Italease sells Milan HQ for EUR 60m

Banca Italease has sold its headquarters on Piazzale Cadorna in Milan to energy group Edison for around EUR 60 mln. The disposal is part of Italease's decision to relocate to a new office building at Via Stile. The transaction price is about 9% more than the EUR 55 mln book value of the property, it said.

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