Risanamento Group has sold its 25% stake in 400 Fifth Avenue Holding Spa for €16,5 million with a capital gain of about €2,3 million.
The sale is part of the sales program of the non-core assets that the Group has already started with the strategic objective to focus on the development projects Milano Santa Giulia and Former Falck Areas and on the active management of its prestigious investment portfolio in Paris.
Source: Risanamento
