Bologna-based retail property group Immobiliare Grande Distribuzione SIIQ (IGD SIIQ) has purchased the Torre Ingastone shopping centre in Palermo, on the Italian island of Sicily, from developer Cogei Costruzioni. The investment will amount to just over EUR 54 mln, excluding taxes.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
