US real estate investor Hines, Italian bank Unicredit, and Italian real estate services company Prelios Sgr have won a tender for the redevelopment of the former Scalo Farini railway station in Milan, Italy.
Empira Group, the €9bn AUM Swiss-based real estate investment company, has raised over $120 mln so far towards a $600 mln (€558 mln) fund target for a US vehicle.
