Hypo Real Estate announced late on Monday that the CEO of its infrastructure lending unit Depfa, and a second board member, are resigning from the Group. The news came hours after it emerged that Munich-based Hypo Real Estate had avoided becoming the latest causality of the global financial crisis thanks to a EUR 35 bn credit facility from a consortium of the German government and Germany's financial sector.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
