Italy Developer Coima’s CEO Faces Questioning in Milan Probe

The chief executive officer of Italian real estate developer Coima Sgr faces questioning as part of a broad probe of alleged corruption in property developments in Milan, according to people familiar with the matter.

Manfredi Catella, who leads one of Italy’s largest real estate investors, is one of the people to be questioned in the probe and could potentially face arrest, the people said, who asked not to be named because they weren’t authorized to discuss it.