Kryalos SGR S.p.A. has completed the sale of the trophy asset Palazzo Cordusio in Milan, former headquarters of Poste Italiane, to a club deal of investors coordinated by Mediobanca for € 246.7 million.
The real estate Alternative Investment Fund Pacific 1, managed by Kryalos SGR, completed the sale to the real estate Alternative Investment Fund Milan Trophy RE Fund 3, subscribed by a club deal of investors from the Private Banking division of Mediobanca.
The building is today the headquarters of diversified, renowned and international tenants: Starbucks has chosen the historic building of Piazza Cordusio to open its first store in Italy in 2018, as well as the first Starbucks Reserve Roastery in Europe. Among the tenants occupying the office space are JP Morgan, Natwest and Kryalos SGR itself.
Vitale and Eastdil Secured acted as financial advisors to the seller.
Hydroscand Group AB has acquired 100% of the shares in Anderstorp Hydraulik AB, one of Sweden's leading companies in hydraulic systems and maintenance. The company has a turnover of approximately SEK 75 million, with good profitability. Its head office is in Anderstorp, Sweden.
Regio-Glasvezel, is engaged in the design, construction, management, and operation of open-access fiber optic networks for business parks and collective buildings
ALERE Advisors is an asset management and advisory firm, affiliated to INICIA, located in the Dominican Republic
