Italian property developer Risanamento confirmed on Thursday that it has received a letter of intent from the Dubai fund Limitless for the purchase of its vast redevelopment of the Falck steel factory in Sesto San Giovanni, and its large redevelopment plan in Milano Santa Giulia.
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.
