Italian asset manager Kryalos has announced the acquisition of the Bicocca Village mixed-use complex in Milan through its newly-launched Arcimboldo fund for a price said to be around €60 mln.
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.
