Protego Real Estate Investors is seeking to raise EUR 585 mln in equity for its Nordic Retail Fund. When this sum is combined with gearing of up to 65%, the fund will grow to about EUR 1.65 bn. The core plus Euro-denominated fund will invest in a diversified portfolio, primarily shopping centres, but also retail parks and supermarkets in Sweden, Finland, Denmark and Norway.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
