GE Real Estate has completed the purchase of its first retail mall in Rome from the Aareal Italy Fund for EUR 60 mln and said it plans to invest a further EUR 386 mln to EUR 540 mln in the Italian retail and office sectors in 2007.
GE Real Estate has completed the purchase of its first retail mall in Rome from the Aareal Italy Fund for EUR 60 mln and said it plans to invest a further EUR 386 mln to EUR 540 mln in the Italian retail and office sectors in 2007.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.