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AXA invesment managers completes an acquisition in Milan for 45 mln

Posted: 10 January 2017

AXA Investment Managers – Real Assets announces that it has completed the acquisition of U7, a recent office building located in Milanofiori near Milan, from Polis SGR for € 45 mln.

The acquisition was made on behalf of the Columbus Real Estate Euro Fund, a closed-ended real estate fund.

Built in 2007, U7 comprises 14,931 sqm of Grade A office space spread across eight above-ground floors, plus 110 underground carpark spaces.