Italian property company Beni Stabili has won the public contest for Fondo Immobiliare Pubblico (FIP) no. 1 for a total of EUR 180 mln. The portfolio, put on the market last March, received about 40 bids from national and foreign investors, Beni Stabili said in a press release. Final binding offers were made on 25 May 2007. The transaction is expected to be completed by end-June.
London-based real asset merchant bank CBE Capital secured a €95 mln senior loan from Piraeus Bank in Athens.
