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Benson Elliot acquires office portfolio in Milan

Posted: 22 January 2019

Benson Elliot, a private equity fund manager based in the United Kingdom, has acquired 100% of the shares in an Italian real estate investment fund, ER Office Fund 3 (“EROF3”), managed by Europa Risorse SGR, comprising two business park adjacent to Segrate, north east of Milan.

The two business parks that make up the EROF3 fund portfolio had been acquired by BNP Paribas SGR and by Toscanini Fund – managed by Generali RE SGR- in two separate deals.