Italy's Banco Popolare has hired Morgan Stanley to set up a fund, worth some EUR 800 mln, that groups together the bank's real estate assets that were spun off in December, Italian newspaper Il Sole 24 Ore reported on Friday.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
