September 9, 2010

GE Capital to shrink real estate holdings

General Electric’s finance arm plans to cut its holdings of commercial real estate by half as part of a broader shrinking of the lending division, a top executive said recently. GE Capital CEO Mike Neal said on Friday that the company is reducing its…

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GE Capital to shrink real estate holdings

Italy’s Pirelli RE, Fimit suspend tie-up study – Reuters

Italy's Pirelli RE, Fimit suspend tie-up study Reuters MILAN (Reuters) – Studies to merge Pirelli & C Real Estate SpA and property company Fimit have been suspended, the companies involved said on Friday, … and more