Pirelli RE confirms interest in Arcandor's EUR 4.5 bn portfolio

By A staff reporter 2007-11-06T00:00:00

Pirelli Real Estate's CEO Carlo Puri Negri has confirmed that the Italian real estate giant is interested in acquiring Arcandor's department store properties in Germany. 'We are in talks for the purchase of Karstadt's buildings and for a small stake in the management company,' Puri Negri said Monday during a ...

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