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BNP Paribas receives 7 non-binding offers for the Ares and Athena towers

Posted: 2 January 2019

BNP Paribas REIM SGR, that manages the Immobiliare Dinamico fund that owns the Ares and Athena, has received seven non-binding purchase offers for the two assets, located in Via Tortona 33 in Milan.

The Board of Directors of the SGR, positively evaluating the terms of the best offers collected, has resolved to grant the most relevant bidder, a primary institutional investor, a period of exclusive of six weeks in order to allow the completion of the due diligence on the properties and formulate a binding purchase offer.