Barings Acquires Office Building In Milan For €40M From Deka

The office property located at Viale Cassala, 14 20143 Milano MI, Italy, has been involved in a closed transaction. The purchase price for the property was €40,000,000, with a total square footage of 135,625. The price per square foot was €295. The transaction took place on 13/01/2022. The vendor of the property was Deka, while the purchaser was Barings, represented by Marco Corti & Gunther Deutsch.

Summary of transaction details

• Property Type: Office
• Transaction Amount: €40,000,000
• Square Footage: 135,625
• Price per Square Foot: €295
• Transaction Date: 13/01/2022
• Vendor: Deka
• Purchaser: Barings - Marco Corti & Gunther Deutsch

The deal was facilitated by brokers Marco Corti and Gunther Deutsch from Barings. They represented the purchaser in this transaction, ensuring a successful acquisition of the office property in Viale Cassala, Milan.