Pirelli RE increases its stake in Germany (IT/DE)

Pirelli RE is strengthening its presence in the German market by raising its stake in P&K Real Estate GmbH to 90%. The company is a joint venture set up with Kronberg last October to invest in the country's residential sector (Kronberg's interest in the JV has thus been reduced from 40% to 10%).

Source: Pirelli Real Estate

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