Germany's Deka Immobilien has acquired a trophy asset under long-term lease in the historic centre of Rome.
The property was sold by the private investment house Ardian and will be added to the portfolio of the WestInvest InterSelect open-ended real estate fund.
The parties agreed not to disclose the purchase price.
The office building, Veneto 89, was built in 1928 in the neoclassical style and has recently been extensively renovated. It boasts around 23,000 square metres of leasable space, with 11 parking spaces for cars and 12 for motorcycles in its underground car park. The office space is leased under long-term leases to two tenants, of which Deloitte Italy is the main tenant.
The property is situated in the heart of the historic centre of Rome on Via Veneto, which features exclusive hotels and cafés, the US Embassy, various institutions and the head offices of major companies.
Source: propertyeu.info on the 27th of February, 2024