Italian property developer Risanamento said it has sealed a preliminary term-sheet agreement with banks regarding a credit line of up to EUR 75 mln. The banks providing the facility are Intesa Sanpaolo, Unicredit Corporate Banking, Banca Popolare di Milano S. coop. and Banca Monte dei Paschi di Siena, it added.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
