Blackstone, tender for Palazzo Mancini in Rome, is worth 140 million
One of the prestigious buildings of Rome is about to be auctioned. This is Palazzo Mancini, located in via del Corso 270. A seventeenth-century building of important historical importance, 13,000 square meters of surface spread over six floors. The building, now owned by the American giant Blackstone, will soon be sold – according to Il Sole 24 Ore. The appointed advisor Cushman & Wakelfield would have already sent the invitation letters for the competition. The building, which in the past also housed the French Academy in Rome, should be worth around 140 million.
The building – continues the Sun – was purchased in 2018 by Unicredit and will be the headquarters of the Gucci offices. Palazzo Mancini represents the first income opportunity that this year faces the Rome market in the central area of the city, the most sought after area. The auction will involve investors looking for income real estate assets to be included in the portfolio.