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Europe Daily Bulletin No. 7765

26 July 2000
Contents Publication in full By article 39 / 57
ECONOMIC INTERPENETRATION / (eu) real estate

The Italian electricity group ENEL and the German banking group DEUTSCHE BANK have announced the creation of a joint venture in the real estate sector, aimed a being listed on the stock exchange by 2002. Named IMMOBILIARE RIO NUOVO, the new company will be formed at the end of 2000. It will be 51% controlled by DEUTSCHE BANK and 49% by SEI, subsidiary of ENEL, specialised in real estate and services. It will be responsible for the management of 62 buildings with a value of EUR 343 million,...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION