PIE Events
- German Property Breakfast
14 February 2012
Stockholm
- Distressed Property Breakfast
22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
Italy's Intesa imposes steep conditions on e150m Risanamento bridge loan
Italy's largest bank Intesa Sanpaolo has imposed stringent collateral demands worth far more than the nominal e150m on a bridge loan made in April to listed Milan developer Risanamento. Intesa has demanded one of its two core development projects in guarantee: the 1.3m sq.m. ex-Falck area in Sesto San Giovanni, worth e1.3bn on the balance sheet.