Credit crisis slows BNL Fondi's disposal programme

By A staff reporter 2008-11-25T00:00:00

Italian fund manager BNL Fondi Immobiliari has asked the Bank of Italy for a three-year extension on the disposal of the real estate portfolio held by its listed closed-end fund Portfolio Immobiliare Crescita. Launched in 2001, the property investment vehicle was initially due to close by the end of this ...

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