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US industrial REIT cuts its losses after torrid year for European logistics
Canada Pension Plan Investment Board becomes fund’s first investor
Italian property company Pirelli Real Estate and bank Intesa Sanpaolo have sold their 50:50 facility management joint venture, Pirelli RE Integrated Facility Management.
ProLogis European Properties has agreed the sale of a 20% stake in its private equity PEPF II logistics fund, as it seeks to reduce its debts.
King Sturge España, the Spanish subsidiary of King Sturge, is to file for administration this week as a result of financial difficulties and the faltering Spanish property market.