Henderson Park Acquires Office Buildings In Milan And Turin For €221.1M With Maston Investment Management And A2A
Corso Di Porta Vittoria, 20122 Milan Milan, Italy
$221,100,000
Building Size
—
Asset Type
Office
Closing
Feb 2, 2022
About this deal
AI
The recent closed property transaction involved an office asset located at Corso di Porta Vittoria, Milan, Via Balduccio da Pisa, Milan, and Via Francesco Gonin, Turin. The transaction took place on February 2, 2022, and the property spans across Germany and Italy.
Summary of transaction details
- Property Type: Office
- Transaction Amount: €221,100,000
- Vendor: A2A
- Purchaser(s): Henderson Park - Christophe Kuhbier and Maston Investment Management - Eddy Cosenza
Henderson Park, represented by Christophe Kuhbier, and Maston Investment Management, represented by Eddy Cosenza, were the key individuals behind this deal. They successfully acquired the office asset from A2A at the aforementioned locations. The transaction, valued at €221,100,000, marks a significant investment in the office sector of Germany and Italy.
Players
Milan Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93