Inarcassa, the Italian pension fund for self-employed engineers and architects, has shortlisted four companies for the management of EUR 600 mln worth of real estate assets, Italian newspapers reported on Friday. The four bidders are reportedly a partnership of Hines and Salvatore Ligresti's Sai holding company, as well as Fabbrica, a 50/50 joint venture of Banca Monte Paschi di Siena and Fincal, BNP Paribas' Italian unit Bnl Fondi Immobiliari and Investire Immobiliare.
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