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BRIEF-Aedes Signs Preliminary Agreement For Purchase Of Two Buildings in Milan
November 29, 2017 / 9:27 AM / 12 days ago

BRIEF-Aedes Signs Preliminary Agreement For Purchase Of Two Buildings in Milan

Nov 29 (Reuters) - AEDES:

* SAID ON TUESDAY SIGNED PRELIMINARY AGREEMENT FOR PURCHASE OF TWO TOWER BUILDINGS IN MILAN

* TOTAL INVESTMENT, INCLUDING BOTH THE PURCHASE PRICE AND THE CAPEX FOR RESTRUCTURING, WILL AMOUNT TO ABOUT EUR 35 MILLION

* THE CLOSING WILL BE SIGNED BY THE END OF 2017

* THE TRANSACTION IS PART OF THE GROUP‘S STRATEGY TO INCREASE THE RENTED PORTFOLIO, FOCUSED ON RETAIL AND OFFICE SEGMENTS - IN THE CITIES OF MILAN AND ROME.

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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