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Renovation: exclusive to Idea Fimit for Santa Giulia

The board of directors established it yesterday evening – The offer received from the company of the De Agostini group for the development of the Santa Giulia area in Milan prevailed over that of the competitor Hines.

Renovation: exclusive to Idea Fimit for Santa Giulia

Risanamento granted Idea Fimit an exclusivity period until 15 February 2012 for the development of the Santa Giulia area in Milan. The board of directors of the real estate company established it yesterday evening.

The offer arrived from the company of the De Agostini group and led by Massimo Brunelli prevailed over that of the competitor Hines.

Idea Fimit's plan envisages that Santa Giulia be transferred to a real estate fund for a value between 650 and 750 million. 

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