Credit Foncier de France, the real estate financing arm of Paris-based Groupe Caisse d'Epargne, will make a EUR 150 mln offer for Hungary's Ella Bank, French daily La Tribune has reported, citing an unidentified source. Credit Foncier began talks with the lender a year ago, the newspaper said. It is understood that the property investment vehicle will launch its offer before February 8, 2007.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
