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Markaz successfully hosts Annual Outlook Seminar showcasing investment opportunities for 2024

Kuwait Financial Centre “Markaz” concluded its annual seminar titled ‘‘Markaz 2024 Outlook: Investment Trends and Opportunities’, which was held on Dece ....

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Opportunity from crisis: How investors playing post-pandemic property mkt

By Tom Arnold and Saikat Chatterjee
LONDON (Reuters) - With its striking facade, Palazzo delle Poste in the heart of Milan is one of the more elegant office spaces in Europe, hosting the likes of JPMorgan and Italy s first ever Starbucks outlet.
Having lain empty for part of 2020 as the COVID-19 pandemic sent office workers home, the early 20th-century building was sold this month to a group of private investors coordinated by Italy s Mediobanca for 246.7 million euros ($293.3 million), 27 million euros above the original asking price.
The 2.8% capitalisation rate - the return the property is expected to generate - was a record for office real estate in Milan. ....

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Opportunity from crisis: how investors are playing the post-pandemic property market

7 Min Read
LONDON (Reuters) - With its striking facade, Palazzo delle Poste in the heart of Milan is one of the more elegant office spaces in Europe, hosting the likes of JPMorgan and Italy’s first ever Starbucks outlet.
FILE PHOTO: Palazzo Broggi, also known as Palazzo delle Poste, is seen in Milan, Italy, February 24, 2021. REUTERS/Flavio Lo Scalzo
Having lain empty for part of 2020 as the COVID-19 pandemic sent office workers home, the early 20th-century building was sold this month to a group of private investors coordinated by Italy’s Mediobanca for 246.7 million euros ($293.3 million), 27 million euros above the original asking price. ....

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