The company led by Julius Malfatto broke at Intesa Sanpaolo 5% of the management company. Operation that is worth 10 million euros. Transactions for the company Pirelli RE operates in the real estate market has assigned to Intesa Sanpaolo 5% of the management company active in the market for real estate funds. Under the agreement, the bank led by Corrado Passera will go up to 10% by 2009, after obtaining permits. Pirelli said that the deal worth 10 million is aimed at the growth of assets managed by SGR and development of fund management activities in line with the strategy announced in the industrial plan 2009-2011. Pirelli RE SGR also intends to strengthen its market presence with the launch of new real estate fund dedicated to institutional investors, but also to seize opportunities that might arise from the outside with new partnerships with other operators in order to create efficiencies resulting from assets under management and the strengthening of distribution channels and by the rationalization of operating costs.
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The information contained in bluerating.com are based on sources believed to be reliable, but we can not guarantee the complete accuracy or reliability. The opinions expressed in the contributions of journalism may be changed without notice and are meant for informational purposes only and does not constitute solicitation for public investment. Anyone who makes a different use than that for which it was thought that he takes full responsibility.
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