Italian property companies Aedes and Gefim have formed a joint venture for the development of a revitalisation project on a former industrial site north of Milan. The 500,000 m[sup]2[/sup] 'green' development will include a 155,000 public park, 18,000 m[sup]2[/sup] of piazzas, gardens, yards, tree-lined streets and cycle paths.
Finnish real estate manager Sirius Capital Partners, through a recently formed affiliate, has purchased a portfolio of four residential buildings in Helsinki, Finland.
