Pirelli, HSH form asset management partnership

Pirelli RE is teaming up with one of Germany’s top real estate banks in its bid to dominate the country’s asset management activities. HSH Nordbank is a commercial bank conducting its property activities through HSH Real Estate, which operates in equity investments, project development, services and the fund business. In terms of total assets managed (roughly EUR 3.5 bn) it is among the top ten private real estate companies in Germany.

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