Lehman, Nanette shuffle ownership of Polish business

Amsterdam-registered residential developer Nanette has signed a memorandum of understanding with Lehman Brothers Real Estate partners (LBREP) on the reorganisation of the ownership of their jointly-owned Polish business ROBYG. The restructuring of the Polish operations will include the integration of Nanette's and LBREP's jointly owned Polish subsidiaries into ROBYG and the purchase of the management company that has so far provided management services to the project companies in Poland.

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