A syndicate confirmed on Wednesday that it intends to make a voluntary public bid for up to 10% of listed Austrian real estate company Conwert Immobilien. The bidding group, known as Albertgasse 35 Beteiligungs, was formed by the sellers of 25 property management and property service companies being acquired by Conwert for a total of EUR 216 mln.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
