Major shareholders in Pirelli Real Estate have agreed a pact that will give them control of the company after it is spun off. Milan-based Pirelli RE - which from next week will be renamed Prelios - is being separated from its mother company, tyre group Pirelli. The spin-off is designed to increase the real estate company’s profitability and attractiveness for investors.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
