GE Real Estate has increased its exposure to the Italian property market with the acquisition of 70% of the closed-end commercial real estate fund Redwood. GE RE will join Valore Reale as co-asset management advisor. Valore Reale has 16 funds with total assets of EUR 900 mln under management.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
