Troubled Italian property firm Risanamento is in talks with Korean investment firm Honua Group to sell its vast Falck redevelopment site in Milan's Sesto San Giovanni district, well-informed market sources confirmed to PropertyEU. According to Italian papers, the Korean group is partnering with American investor Prudential to launch a EUR 480 mln bid for the area located south of Milan.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
