Italian fund Monte dei Paschi Hines Real Estate Crescita (MHREC) has acquired an office building in the EUR district of Rome from fellow Italian property fund Tikal Re Fund, for an undisclosed sum. The building is located at Piazzale Don Luigi Sturzo 23/31 and covers a gross area of 18,800 m[sup]2[/sup].
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
