Issue 2012 April 17th

This issue was created on 2012-04-17 07:00:00

  • Dutch group exits Italy in core market strategyApril 17, 2012
Dutch private group Redevco has sold its Italian real estate portfolio as part of its strategy to concentrate on its core European markets. Redevco has announced the sale to a private investor of its 5,000 sq m landmark Rinascente department store building in the southern Italian city of Bari. The building, which was purchased by Redevco in 2007, is located in the city's Via Sparano shopping area and is currently leased to H&M and Oviesse.
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