Updated Dec 22, 2023
Principal Real Estate Europe Acquires Industrial Property In Vignate MI For £25.7M
Via Molina 76, 20060 Vignate Milan, Italy
$25,730,000
Building Size
—
Asset Type
Industrial
Closing
Jan 13, 2022
About this deal
AI
The industrial property located at Via Molina, 76 20060 Vignate MI in Italy has been recently involved in a closed transaction. The property, as shown in the provided image by Giles Smith, was acquired by Principal Real Estate Europe. The purchase price for the transaction amounted to £25,730,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: £25,730,000
- Date: 13/01/2022
- Address: Via Molina, 76 20060 Vignate MI, Italy
- Purchaser: Principal Real Estate Europe
- Purchaser's Representative: Giles Smith
The acquisition was facilitated by Giles Smith, who represents Principal Real Estate Europe in the deal.
Players
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.62%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93