PropertyEU

Eurocastle sells FIP holding in Italy for EUR 169m

By A staff reporter 2007-10-24T00:00:00

Eurocastle Investment is to sell its entire holding of Real Estate Fund Units (FIP) in Italy for EUR 169 mln. The transaction, which is expected to close before the end of the month, will generate a net gain of approximately EUR 15.7 mln. The sale is in line with Eurocastle's ...

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