Harrison Street has formed a joint venture with Artisa Group, an international real estate development company active in the Swiss and European markets.
The joint venture will be seeded with the acquisition of Viale Monza, a 260-unit residential asset in Milan, Italy. Upon completion, Viale Monza will be managed by City Pop, an experienced living operator from Switzerland. City Pop currently manages a portfolio of apartments across Switzerland and Germany and plans to continue to expand its management to additional properties in Italy and the Czech Republic.
The property is located steps away from the metro station into the city center, and other attractive facilities such as a supermarket, pharmacy and gym are located within a short walking distance. Viale Monza will offer attractive on-site amenities to its residents and private outdoor spaces The development of the property will occur in two phases, with the first phase of approximately 77 units delivering in spring
