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August 2, 2024 Capital Markets , Logistics

Dils in the Off-Market Sale of a Prime Out of Town Retail Asset in Novara to Savills Investment Management SGR Spa

Dils in the Off-Market Sale of a Prime Out of Town Retail Asset in Novara to Savills Investment Management SGR Spa

We are pleased to announce the successful off-market sale of a retail asset in Novara fully leased to a leading DIY operator. The buyer, Savills Investment Management SGR Spa, acquired the property on behalf of the core plus fund under management. Completed in 2018, the property consists of 5,460 square meters of selling area, including both internal and external spaces, with esclusive parkings.

Strategically located in a commercial hub of Novara, this high-quality asset represents a significant investment transaction for this area and confirms the revitalized appetite for retail properties.

This deal highlights Dils’ expertise also in secondary locations, offering comprehensive advisory services with the purpose of adding value to our clients.

Dils in the Off-Market Sale of a Prime Out of Town Retail Asset in Novara to Savills Investment Management SGR Spa
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