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Real Estate Briefing - Categorized | Finance, Fund Profile, Investment more

Fimit-First Atlantic merger to create EUR 8bln asset manager

Posted on 31 August 2010

From Propertyeu.info: Italian real estate fund manager Fondi Immobiliari Italiani (Fimit) has signed a non-binding memorandum of understanding (MoU) about merging with First Atlantic Real Estate, the real estate fund management arm of Milan-listed private equity investment group Dea Capital.
The companies undertook a joint study in April on the feasibility of integrating the two businesses. They have completed the due diligence process and inked a preliminary merger agreement in June……………………………………….Full Article: Source


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