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