Pirelli RE hopes to close Arcandor deal by end-month

By A staff reporter 2008-03-10T00:00:00

Pirelli Real Estate CEO Carlo Puri Negri said on Monday that he hopes Arcandor's sale of 49% of the Highstreet portfolio to a consortium of Deutsche Bank, Pirelli RE and the Borletti Group will close by end of March. Pirelli RE expects to hold a 20% stake in the joint ...

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