Pirelli Real Estate may seek a listing on either Euronext in Amsterdam or on the main market in London for the office funds Berenice and Tecla, Italian newspaper Milano Finanza reported on Thursday. Earlier this week, Pirelli and Morgan Stanley said they will launch a public offer for the two closed-end funds managed by Pirelli RE. The two funds will ultimately have EUR 1 bn of assets.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
