CLN BUILDING, Turin

OWTC acted as technical advisor for the sale of a property of a mixed use (retail/office), property of Mascagni Fund and managed by Generali Real Estate S.p.A. (Asset Management company), located in the historic via Roma, in the heart of Turin. The asset of approximately 18.000 sqm has been traded to PATRIZIA AG, global partner for real estate pan-European investments. The property has a mix made of a part dedicated to commercial use, with large international brands shops, while another part is intended for leased offices.

Description

Acquisition of two townhouse office building

Location

Turin

Client

PATRIZIA AG

Task

• Technical-administrative Due Diligence of environmental sustainability
• Analysis of risks and criticalities
• Analysis of residual life cycle and estimate of CAPEX
• Assistance in the closing phase