Schroder Property Investment Management Italy (SPRIM) said it has bought the Santa Palomba logistics property development located in Pomezia, south of Rome, from Matrix, a fund managed by Valore Reale for some EUR 25 mln. The transaction reflects a net initial yield of 7.60%. The building, providing some 28,000 m[sup]2[/sup] of space, is fully let to several national and international logistics firms.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
