Property fund Holding Cinque has sold a logistics park in Paullo, Milan to Sireo Immobilienfonds No.4 SICAV for EUR 31 mln. The transaction reflected a gross yield of 6.5 %. The vendor was advised by Savills while Redilco represented the purchaser.
Property fund Holding Cinque has sold a logistics park in Paullo, Milan to Sireo Immobilienfonds No.4 SICAV for EUR 31 mln. The transaction reflected a gross yield of 6.5 %. The vendor was advised by Savills while Redilco represented the purchaser.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.