Italy's Pirelli Real Estate is one of four investors in the running to acquire the property funds owned by Unicredit's asset management unit Pioneer, Italian newspaper Milano Finanza reported on Thursday. The sale of the funds is expected to be concluded in the next few days, the paper added.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
