Italy | Cushman & Wakefield

Nuovo Borgo shopping centre, Asti located in northern Italy, opened in 2007 and comprises over 16,960 sq m GLA arranged over 2 levels, 48 units and 2,000 car parking spaces.

The Challenge

Nuovo Borgo shopping centre, Asti located in northern Italy, opened in 2007 and comprises over 16,960 sq m GLA arranged over 2 levels, 48 units and 2,000 car parking spaces. The Centre is anchored by an Esselunga hypermarket (not included in the transaction) and benefits from a new gallery extension opened in April 2016. Key tenants include MediaWorld, OVS, Con Te, Piazza Italia, Bricocenter and Cisalfa.

The Solution

Acting on behalf of TH Real Estate and Warburg-HIH, our Italy Retail Capital Markets team successfully completed the sale of the shopping centre to Barings on behalf of its pan-European core investment strategy.

The Results

Cushman & Wakefield was pleased to have represented TH Real Estate and Warburg-HIH in the disposal of the asset and assist Barings with its first Retail acquisition in Italy.

FEATURED SERVICES

Cushman & Wakefield Design & Build

C&W Design & Build translates ideas into action.

Learn More

Sustainability

Learn More

Valuation & Advisory Services

Giving you the confidence to make informed decisions.

Learn More

Logistics & Industrial Agency

The Industrial & Logistics division provides local and global dedicated logistics and industrial property services to occupiers, owners and investors offering specific expertise in all market areas.

Learn More

Capital Markets: global transaction expertise

Are you ready for "What's Next" in the real estate industry?

Learn More

Development

Whatever the challenges of your business, our market-leading expertise can help you find the right development strategy.

Learn More

Cross-border Capital Markets

In 2018, global real estate investment volumes hit record highs of US$1.75 trillion. Cross-border investment continues to flourish, and EMEA remains a top target for investment.

Learn More

Integrated Portfolio Management

Our IPM service focuses our Transaction Management, Portfolio Administration and Portfolio Strategy activity around our clients’ business challenges and priorities.

Learn More

Office Fit-Out

Our PDS Team supports national and international companies in the creation of office spaces, having developed projects for companies in various industries: financial, commercial, pharmaceutical, media and advertising, energy and telecommunications.

Learn More

Portfolio Services Centre (PSC)

Cushman & Wakefield’s global Portfolio Service Centres (PSC’s) are global, multi-disciplined, connected teams of real estate professionals that partner with on-site/in-market teams to deliver fully-integrated services to Cushman & Wakefield’s clients.

Learn More