(Visited 63 times, 1 visits today)
(Visited 63 times, 1 visits today)
  • Transaction / Assets
    Office building in Milan
  • Seller
  • Buyer
  • € MM

Kryalos, launching the Opportunity Fund

11 January, Milano Finanza

Italy Opportunity Fund has been launched. It’s a closed-end real estate alternative fund incorporated and managed by Kryalso sgr, aimed at investing mainly in existing properties to remodel, reconvert, complete, valorise and develop. The fund, 100% invested by subjects connected with Barings Real Estate Advisers, has already bought an office building in Via Ceresio in Milan, in the Porta Nuova area. The building (7 storeys plus a basement and a terrace at the seventh floor for 3,900 Sq m in total) is a part of an intervention plan to develop and requalify the former Enel area between Via Ceresio, Via Bramante and Via Procaccini. The building is currently unlet and it will be requalified.

Source: Milano Finanza

Translator: Cristina Ambrosi

(Visited 63 times, 1 visits today)

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