Schroder Property Investment Managers said that its closed-end real estate fund Eurologistic Fund I has signed a purchase agreement for two fully let logistics assets located in Bologna and Novara, Italy, for around EUR 48mln. Completed in 2005, the properties provide some 61,000 m[sup]2[/sup] of space. Schroders said in a statement that one of the sites provides opportunities to expand the logistics complex.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
