PIRELLI RE TOGETHER WITH FINGEN AND MAIRE GROUP HAS WON A TENDERING PROCEDURE HELD BY FINTECNA IMM.

Aug 03 2007
Price sensitive
Pirelli RE, together with Fingen and Maire Group has won a tendering procedure held by Fintecna Immobiliare, to take over 4 major property assets in Rome with high commercial development potential as part of the Pentagramma Project. The tender expected to create a newco, with a paritetic partnership between Fintecna and new partners. With the closing of the tender, the 50% of the newco will be held by a company in which Pirelli RE has a 35% interest, Fingen 35%, and a company controlled by Maire Group 30%.