UK asset manager Schroders has a EUR 450 mln warchest for potential acquisitions in the Italian commercial property market, Marina Bottero, the group's newly-appointed head of fund management in Italy told PropertyEU in an interview. According to Bottero, Schroders has raised around EUR 180 mln of equity from a range of European institutional investors for its Schroder Italian Property Fund II.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
