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Blackstone is acquiring 35% of Kryalos

Posted: 5 December 2018

The preliminary contract for the sale of 35% of Kryalos Investments S.r.l. to affiliates of The Blackstone Group L.P.

The transaction, subject to prior approval by the Bank of Italy, is part of the company’s expansion and institutionalization strategy.

Kryalos SGR S.p.A. manages 34 real estate funds reserved for professional investors and, to date, has 44 employees.