Italy is to follow the example of the UK and Germany by introducing a real estate investment trust (REIT) next year. On Thursday the Italian parliament passed the 2007 Budget Law which contains the REIT legislation.
Italy is to follow the example of the UK and Germany by introducing a real estate investment trust (REIT) next year. On Thursday the Italian parliament passed the 2007 Budget Law which contains the REIT legislation.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.