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Hines acquires Geox’s flagship store in Milan

Posted: 21 November 2016

The pan-European Core Fund of Hines, US real estate company that operates internationally, bought for €52 million a property for retail in via Torino, the main shopping street of the mass market of Milan.

The main tennant is Geox, which has have in this location its unique flagship store in Italy for five years.

The transaction was completed directly between the parties, without the support of an open procedure. The building of 3,300 square meters, is located in the heart of the historic center of Milan just 500 meters from Piazza Duomo and Corso Vittorio Emanuele.