ENPAIA and Generali sign an agreement for a 50% co- investment in the fund owning the Libeskind Tower in Milan CityLife

Milan and Rome - Generali and Ente Nazionale di Previdenza degli addetti e degli impiegati in agricoltura (ENPAIA) have reached an agreement for the sale to ENPAIA of 50% of the shares of the Rubens real estate fund, managed by Generali Real Estate SGR and owner of the Tower Libeskind in Milan, with an operation worth over 160 million euro.

The Generali Group will continue to hold 50% of the asset through the Generali Europe Income Holding Fund (GEIH) managed by Generali Real Estate SGR.

The important co-investment is the most recent and significant operation within the collaboration between ENPAIA and Generali: thanks to the Generali Investments multi-boutique platform, the pension institution gets access to the international offer of differentiated investment strategies consistent with its own risk / return profile.

You can now read the full press release at the link below





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