PropertyEU

BNL fund forced to sell off EUR 260m of assets

By A staff reporter 2009-01-28T00:00:00

BNL Fondi Immobiliare said on Tuesday that it will go ahead with the disposal of EUR 260 mln of assets owned by its listed closed-end fund Portfolio Immobiliare Crescita fund after the Bank of Italy rejected a plea to extend the life of the fund due to the difficult market ...

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