Pirelli Real Estate sees its foreign operations accounting for 30-35% in 2008, ceo Carlo Puri Negri said during an interview with Italian daily Il Sole 24 Ore. In the coming year, this figure will grow to 20-25% from 14%, he added. Italy’s leading property company is seeking to expand Central and Eastern European countries.
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.
