PropertyEU

Unicredit sells EUR 1.1bn worth of assets

By A staff reporter 2009-10-05T00:00:00

Italian bank Unicredit has sold EUR 1.1 bn of property assets in two separate transactions in a bid to boost liquidity. The Milan-based lender is 'looking to reduce its property holdings from EUR 8.8 bn at present to around EUR 6 bn in the next two to three years,' Unicredit's ...

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