Inrev, the European association for investors in non-listed real estate vehicles, is proposing a fundamental overhaul to the way in which investment styles are defined for Europe's EUR 400bn non-listed real estate funds industry. The association has released a white paper which outlines an empirical approach to revising the existing Inrev Styles Framework which classifies funds as core, vale added and opportunity.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
