Brief: Risanamento unit signs partnership agreement with Lendlease Italy
12/06/2017 07:07
June 12 (Reuters) - RISANAMENTO SPA RN.MI :
* ITS SUBSIDIARY MILANO SANTA GIULIA S.P.A. AND LENDLEASE
ITALY S.R.L. HAVE SIGNED JOINT VENTURE AGREEMENT FOR DEVELOPMENT
OF CD SOUTH LOTS REAL ESTATE PROJECT
* REAL ESTATE DEVELOPMENT WILL BE IMPLEMENTED THROUGH
COMPANY OWNED BY CD LOTS SOUTH, WHOSE SHARE CAPITAL WILL BE HELD
50% BY LENDLEASE AND 50% BY MSG
* PROVIDES TOTAL INVESTMENT OF EUR 115 MILLION
* TRANSACTION PROVIDES AT LENDLEASE OPTION RIGHT TO PURCHASE
SKY COMPLEX
Source text for Eikon: ID:nBIA2Vht0W
Further company coverage: RN.MI
(Gdynia Newsroom)
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