Schroders launches new retail/logistics fund in Italy

Global asset management Schroders has launched its second closed-end property fund in Italy focusing on the retail and logistics sectors. The Schroder Italian Property Fund No. 2 will target a portfolio of between EUR 600 mln and EUR 750 mln. The new fund will provide institutional investors with the opportunity to invest predominantly in leased assets and, to a certain extent, property development. The fund may occasionally undertake speculative investments.

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