PGGM Gets Separate Account from Hines to Invest in Milan Real Estate
Posted on 12/01/2017
Yield-hungry institutional investors are taking advantage of distressed Italian banks, needing liquidity to shore up assets. Dutch investing giant PGGM brought on Hines Interests Limited Partnership through a special separate account to target prime retail and office value-add real estate in the heart of Milan, Italy, with an emphasis on sustainability by bringing assets up […]