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Posted on: Oct. 9, 2019, 1:31 p.m.
Barings has sold the 16,500sqm property following a comprehensive redevelopment. : M&G Real Estate has invested €136m to buy an office building in the central business district of Porta Nuova in Milan, Italy. Barings said its value-add European real estate fund has sold the 16,500sqm 9-11 Via Pola property following a comprehensive redevelopment. The building was acquired in December 2016 by a fund managed by an Italian manager, fully subscribed by Barings European Real Estate Value Add Fund. Full investment news article