Shareholders have approved the name change of Pirelli Real Estate to Prelios S.p.A, the company said in a press release. As announced earlier, Pirelli RE is to be separated from the Pirelli & C group by the end of this year. Under the plan, Pirelli group will assign its 58% stake in Pirelli & C Real Estate to its own shareholders.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
