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Kryalos launches new fund specializing in distressed properties

Posted: 26 December 2016

Kryalos SGR has constituted the real estate fund called Hortensia which will be mainly invested in real estate from distressed portfolios owned by banks.

The new fund has completed the first acquisition, for a total of about 45 million euro, of a portfolio of 46 properties of Intesa Sanpaolo Group held by companies operating in the leasing and real estate company owned.