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BRIEF-Risanamento unit signs partnership agreement with Lendlease Italy
June 12, 2017 / 6:23 AM / a month ago

BRIEF-Risanamento unit signs partnership agreement with Lendlease Italy

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June 12 (Reuters) - RISANAMENTO SPA:

* 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: Further company coverage: (Gdynia Newsroom)

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