Europe
The rating upgrade reflects “Cyprus’ stronger-than-anticipated economic and public finance performance during 2021.
The four newly-built Grade A freehold assets, totaling 370,000 square feet, are located in Harlow, Greater London, and let to low-risk covenants.
The office will initially host up to 200 of Patrizia’s London-based employees, including its new Patrizia Infrastructure business.
Hines is also a strategic advisor and development manager of the entire MilanoSesto 13-year project.