Fund manager Invista Real Estate has been appointed by UK insurer Clerical Medical (CleriMed) to establish a pan-European property portfolio. The fund will have a target size of £300 mln (EUR 443 mln) over the coming three to five years. It will invest directly in commercial real estate assets in the main European markets with a core income profile.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
