The manager of Lendlease Global Commercial REIT (LREIT) says Lendlease Italy SGR S.p.A. (Lendlease SGR) has replaced Revalo S.p.A. as property manager of Sky Complex in Milan Italy.

Lendlease SGR has, on Feb 22, entered into a property management agreement with Prelios Integra S.p.A, a third party professional property manager, to take over management of the property.

Prelios Integra is the property management company of Prelios Group, acquired in 2018 by Davidson Kempner Management Ltd, a US Hedge Fund with more of US$30 billion ($39.7 billion) of assets under management (AUM).

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