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LFPI (Bank Lazard) buys entire high street property in Udine

Posted: 6 October 2016

LFPI, a company sponsored by the Gruppo Banca Lazard and managed in Italy by Stefano Keller, has purchased, via the fund FLE ITALIA FUND 1 managed by FLE S.A., an entire high-street building in Udine, in Piazza Matteotti 10, fully let to prime fashion and design brands, at a net yield of over 6.5%.

The amount of the transaction was not communicated.