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Risanamento may accept alternative offer for 2 French assets
April 7, 2014 / 10:37 AM / 4 years ago

Risanamento may accept alternative offer for 2 French assets

MILAN, April 7 (Reuters) - Italy’s Risanamento said on Monday it would accept an offer from former owner Luigi Zunino to buy two French properties out of nine it was planning to sell to Chelsfield/The Olayan Group if the British fund approved the deal.

The real estate company had given preliminary approval to a sale of nine properties in the centre of Paris for 1.23 billion euros to the UK-based property fund.

Chelsfield/The Olayan Group will have to decide by April 8 whether to allow Zunino to buy two of the nine Paris buildings. (Reporting by Stephen Jewkes)

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