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Eracle Fund awarded at the MSCI European Property Investment Awards 2018

Posted: 23 October 2018

Eracle Fund, a closed-end fund managed by Generali Real Estate S.p.A. – Società di Gestione del Risparmio (GRE SGR) and targeted at institutional investors, was awarded for the sixth time in a row as the Best Balanced Fund in Italy at the MSCI European Property Investment Awards 2018.

Eracle achieved the highest total return relative to the real estate All Property benchmark annualised over 3 years to December 2017. The fund had a 3-year direct return of 6.7%, giving a relative outperformance of 2.2% compared with the benchmark.