PropertyEU

Pirelli RE sells 5% of SGR to Intesa San Paolo

By A staff reporter 2009-10-02T00:00:00

Italy's Pirelli RE has reached agreement with bank Intesa San Paolo to sell a stake of up to 10% in its property fund management business, Pirelli RE Società di Gestione del Risparmio (SGR). In a statement last week, Italy's largest property company said that the lender has already acquired 5% ...

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