"Percassi and Generali Real Estate Complete Acquisition of Italy's Largest Shopping Center, Oriocenter"
"Percassi Group and Generali Real Estate have completed the acquisition of Oriocenter, Italy's largest shopping center and one of the largest in Europe, from Commerz Real. The center is strategically located near Orio al Serio International Airport. The acquisition was made through a real estate fund managed by Generali Real Estate, with equal participation from Percassi and a Luxembourg-based pan-European fund specializing in dominant shopping centers. Additionally, Commerz Real sold the property housing the NH Orio hotel to Percassi. Various legal firms assisted in the transaction, providing support in areas such as banking, regulatory compliance, and due diligence."