Hogan Lovells Facilitates Invesco Real Estate's Sale of Iconic Time Building in Milan
Get the latest breaking news delivered straight to your inbox. Don't miss out on new posts, Subscribe to newsletter Get our latest posts and...
Hogan LovellsInvesco Real EstateFabrica Immobiliare SgrReal EstateItalyReal Estate NewsSep 28, 2024
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.
Related News Articles
Mumbai Real Estate Developer and CEO Embroiled in ₹13.65 Crore Fraud Case
A Mumbai-based real estate developer and CEO have been booked for allegedly forging documents and duping a partner of ₹13.65 crore in a Bhandup land deal.
Mumbai Property Registration Revenue Surges 52% YoY to Rs 1,081 Crore This Diwali
According to data from the Inspector General of Registration (IGR), Maharashtra, property registrations in Mumbai witnessed a remarkable 22% year-over-year increase, with 11,861 homes registered in October 2024, compared to 9,736 in November 2023.
AI Bubble Deflating: Zoho's Sridhar Vembu Stresses Importance of Real Engineering Work
Zoho CEO Sridhar Vembu discusses the potential deflation of the AI bubble and emphasizes the enduring importance of real engineering work in the tech industry.
ED Seizes ₹19.61 Crore from Karrm Developers Linked to Vivek Oberoi in Real Estate Scandal
The Enforcement Directorate (ED) in Mumbai has taken action against Karrm Developers, a real estate firm associated with actor Vivek Oberoi, by seizing assets worth ₹19.61 crore. The action is part of an ongoing investigation into financial misconduct in the affordable housing sector.
Mumbai Sees Record-Breaking Property Registration in March 2025
Mumbai witnessed a surge in property registration in March 2025, driven by the impending hike in reckoner rates set to take effect from April 2025. This surge highlights the robust demand in the city's real estate market.
Private Equity Investments Fuel 133% Surge in Real Estate Deal Volumes in Q1 2025
Real estate deal volumes soared by 133% in the first quarter of 2025, driven predominantly by private equity (PE) investments, which accounted for 88% of the total transactions.