CBRE Investment Management has acquired a 16,600 m2 student housing complex providing 448 rooms in Milan on behalf of one of its funds. The seller is Manifatture Milano S.p.A.
Empira Group, the €9bn AUM Swiss-based real estate investment company, has raised over $120 mln so far towards a $600 mln (€558 mln) fund target for a US vehicle.
