COIMA RES – Acquisition of Microsoft’s Headquarters in Milan Porta Nuova completed

COIMA RES announces that the acquisition of Microsoft’s headquarters announced on September 30th, 2019 has been finalized today. It should be noted that the acquisition of the Philips headquarters was already completed on September 30th, 2019. The purchase price of the Microsoft headquarters, located in the Porta Nuova district in Milan, reflects a value of the property of Euro 97.5 million, which corresponds to an EPRA Net Initial Yield of 4.3% (EPRA Topped-up Net Initial Yield of 4.3%).