The Italian fund management unit of US real estate developer Hines is hoping to raise around EUR 100 mln of equity from Italian institutional investors for a new fund targeting Class A office schemes and residential complexes in the country's main urban centres, Hines' Italian head Manfredi Catella told PropertyEU in an interview at the Expo Italia Real Estate fair in Milan this week.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
