Hogan Lovells Facilitates Invesco Real Estate's Sale of Iconic Time Building in Milan

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Hogan LovellsInvesco Real EstateFabrica Immobiliare SgrReal EstateItalyReal Estate NewsSep 28, 2024

Hogan Lovells Facilitates Invesco Real Estate's Sale of Iconic Time Building in Milan
Real Estate News:Global law firm Hogan Lovells has advised Invesco Real Estate on the sale of Time Building, an iconic office building located in the centre of Milan, to a real estate fund owned by Fabrica Immobiliare SGR S.p.A.

The asset, built in the 1930s and known to have been the historic headquarters of AFL Falck, Siemens and the Regional Council of Lombardy, is strategically located in Milan’s Porta Nuova district, location of several Italian and international companies.

The Hogan Lovells team that advised on the transaction was led by partner Marco Rota Candiani together with counsel Maria Deledda, senior associate Alberto Carrara, associate Riccardo Colantoni and trainee Monica Nicoletti.

Hogan Lovells is a global law firm with a strong presence in the real estate sector, providing expert advice on complex transactions and projects. With a team of experienced lawyers, the firm has a deep understanding of the Italian market and has advised on numerous high-profile deals.

Invesco Real Estate is a global real estate investment manager, with a presence in Europe, Asia, and the Americas. The company has a strong track record of delivering returns to its investors through a range of investment strategies.

Fabrica Immobiliare SGR S.p.A. is an Italian real estate investment manager, with a focus on the Italian market. The company has a portfolio of high-quality assets across the country, including office buildings, retail centers, and logistics facilities.

The sale of Time Building is a significant transaction in the Italian real estate market, demonstrating the continued demand for high-quality assets in prime locations. The deal also highlights the expertise of Hogan Lovells in advising on complex real estate transactions.

Frequently Asked Questions

Who advised Invesco Real Estate on the sale of Time Building?

Hogan Lovells advised Invesco Real Estate on the sale of Time Building.

Where is Time Building located?

Time Building is located in the centre of Milan, in the Porta Nuova district.

What is the significance of Time Building?

Time Building is an iconic office building that has been the historic headquarters of AFL Falck, Siemens and the Regional Council of Lombardy.

Who is the buyer of Time Building?

A real estate fund owned by Fabrica Immobiliare SGR S.p.A. is the buyer of Time Building.

What is the expertise of Hogan Lovells in the real estate sector?

Hogan Lovells has a strong presence in the real estate sector, providing expert advice on complex transactions and projects.

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