Italian property firm Aedes BPM said its closed-end investment fund Investietico had acquired a commercial and office building in Milan for EUR 13.8 mln. The building was sold by Rreef Fondimmobiliari on behalf of its Piramide Globale closed-end investment fund.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
