PIRELLI RE AND RREEF (DEUTSCHE BANK GROUP) SIGN A BINDING AGREEMENT WITH CERBERUS

Jul 17 2007
Price sensitive
Pirelli RE and the real estate investment funds of RREEF(Deutsche Bank Group) have signed a binding agreement with the American private equityfund Cerberus, to purchase 100% of BauBeCon, an important German real estate groupactive primarily in the residential segment.