Primonial REIM takes control of Italian asset manager
European real estate asset manager Primonial REIM has announced the acquisition of a majority stake in Quinta Capital Partners SGR, an asset management company based in Milan, active in promoting and managing alternative regulated investment funds in the real estate, credit and private equity sectors. Under the deal, Quinta will be merged with Primonial REIM Italy S.p.A., Primonial's current asset management company operating in Italy. For Primonial REIM, the transaction is in line with its strategy to further develop its...