Investments
The sale of Via Monte Napoleone 8 marks the largest-ever single asset real estate sale by Blackstone in Europe.
The fair value of the Group’s investment properties (incl. inventories) amounted on December 31, 2023, to €167.5mn vs €97.0mn as of December 31, 2022
The management of the hotel and the branded residences will be assigned to an internationally renowned management company.
Under the PPA signed, MYTILINEOS will be able to offtake 80% of the energy produced, enhancing further its green supply basket.