ING MLA and sole lender of € 21m for office in Milan

ING Real Estate Finance has granted IVG Agnello Srl a 2-yr bullet mortgage loan. The term loan is secured by a 4,477 sqm GLA mixed use office and retail building strategically located in the centre of Milan - via Agnello 18, with a stabilized annual rent income of €2.3 Mln

IVG Agnello Srl is an Italian subsidiary of a fund managed by TRIUVA Kapitalverwaltungsgesellschaft mbH for a German insurance company. TRIUVA is the new name of IVG Institutional Funds GmbH, one of Germany’s largest investment management companies for institutional real estate investors.