Italy picks Deloitte to set up 500 million-euro real estate fund

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Italy picks Deloitte to set up 500 million-euro real estate fund
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Italy has picked the consulting firm Deloitte as it financial adviser in setting up a 500 million-euro real estate fund in an effort to squeeze ...

ROME: Italy has picked the consulting firm Deloitte as its financial adviser in setting up a 500 million-euro real estate fund in an effort to squeeze money out of the property it owns, an official told Reuters on Friday.

Invimit is required to contribute 610 million euros, 500 million through the Dante fund and 110 million through the direct sale of properties.

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