Moorfield Group, a UK-focused real estate fund manager, announced on Thursday that its Fund III (MREF III) and Fund IV (MREF IV) have sold two purpose built student accommodation (PBSA) schemes, totaling 789 beds, to a joint venture established between Ares Management funds and Generation Partners.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
