Beni Stabili Siiq has sold an hotel in Milan for € 101.5 mn

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Beni Stabili Siiq has finalized the disposal of an hotel in Milan, located in Corso Matteotti 4-6, following the preliminary agreement signed in February 2015.

The hotel, rented to Boscolo Group has been sold at €101.5 million (€ 98.5 million book value/IAS value at 31/12/2014).

The disposal, underlines the company, is in line with Beni Stabili’s strategy to focus on offices and retail.

Beni Stabili has assets of € 4.091 billion at 31 December 2014, consisting of properties located in major cities in Northern and Central Italy.

Sourced through Scoop.it from: italy24.ilsole24ore.com

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