Invesco bought the fully-let Palazzo Turati building for its pan-European core strategy. : Invesco Real Estate has bought a 9,400sqm office building in Milan for its pan-European core strategy. The real estate manager has acquired the fully-let seven-storey Palazzo Turati building from Italian fund manager COIMA SGR for an undisclosed sum. The building, located at Via Meravigli 7, has been let to Milan Chamber of Commerce since 1954. The asset was built in 1873 and underwent refurbishment in 2015. Palazzo Turati was purchased in 2015 by Coima and Sofaz, the sovereign wealth fund of Azerbaijan, via the Sofaz Italy Fund.