Beni Stabili Siiq sells Milan office to NEIF Fund for €28 million (IT)

On November 28, Beni Stabili Siiq sold to the pan-European NEIF fund (Next Estate Income Fund) a multi-tenant office asset in Milan, via Pergolesi 25, for an overall amount of €28 million, reflecting a 6.2% gross yield on selling price. NEIF fund was advised by BNP Paribas Real Estate Investment Services.

The building was purchased by Beni Stabili in 2011 and subsequently it underwent some refurbishment works.

Source: Beni Stabili

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