RCS MediaGroup sells entire property complex of Via San Marco and Via Solferino in Milan (IT)

The RCS MediaGroup Board of Directors, which met on November 5 under the chair of Angelo Provasoli, has by majority vote approved the sale to The Blackstone Group International Partners LLP of the entire property complex of Via San Marco and Via Solferino, in line with the announced program of disposals set out in the 2013 – 2015 Development Plan.


RCS's Board has also given the Chief Executive Officer and the Chief Financial Officer the powers to complete the operation – including the execution of lease agreements by RCS over the entire complex, with variable durations for the different portions – for a sale price of €120 million.


Source: RCS MediaGroup

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