Italy's Intesa Sanpaolo set to list EUR 1bn REIT

By A staff reporter 2008-02-15T00:00:00

Italy's bank Intesa Sanpaolo said it has started the process to list its EUR 1 bn real estate investment trust, IMMIT Immobili Italiani. The new company, which was founded in October 2007 through the spin-off of the bank's non strategic property portfolio, owns 285 assets representing about 470,000 m[sup]2[/sup] of ...

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