Barings has successfully acquired Tazzoli 6, an 11,000 sqm office building in Milan's highly sought-after Porta Nuova district. The deal was executed via an Italian real estate fund managed by Savills IM SGR. This acquisition marks Barings' seventh office investment in Milan and highlights their commitment to the city’s central business district.
Bungalow Projects and Bain Capital Real Estate have secured $304 million in construction financing for Echelon Studios, two next-generation film and television production campuses in Brooklyn. The developments will deliver 600,000 sq ft of soundstages, office, and support space, backed by New York’s largest-ever C-PACE financing package.
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