Funds

Kryalos SGR S.p.A. currently manages 20 real-estate funds

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Due Fondo Portafoglio

Italian closed-end real estate alternative investment Fund reserved to professional investors, with the scope to invest its capital resources in real estate properties (mainly office and telephone exchange use) and in shareholdings in real estate companies. As of today the Fund is composed of 50 assets, with a total surface of approx. 150,000 sqm mainly located in Central-Northern Italy.

Inception year: 2006

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Poseidon Fund

Poseidon is an italian closed-end real estate alternative investment Fund reserved to professional investors. The Fund was established in 2007, first with the name “Azzurro”, and in 2015, following a change in the unitholder governance and the subscription of new equity, the Fund has changed its objectives and its name. Its investment target amounts to Euro 100 million, of which 77 million have already been invested mainly in retail (three shopping centers and one retail park) and office industry in Milan.

Inception year: 2007

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Kensington Fund

Italian closed-end real estate alternative investment Fund reserved to professional investors, with the scope to invest its capital resources in real estate properties (mainly office use) and in shareholdings in real estate companies. As of today the Fund is composed of 2 assets located in Porta Nuova CBD in Milan, with a total surface of approx. 15,000 sqm.

Inception year: 2015

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Primitiv Fund

Primitiv is an italian closed-end real estate alternative investment Fund reserved to professional investors, established by Kryalos SGR in October 2015. Its investment target amounts to Euro 200 million, and it is fully dedicated to the logistics market. The Fund’s investment strategy includes the acquisition of logistics sheds and warehouses located throughout Italy to be leased; moreover, refurbishment and enhancement of assets and new developments should be possible.

Inception year: 2015

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Tannic Fund

Tannic is an italian closed-end real estate alternative investment Fund reserved to professional investors, established by Kryalos SGR in October 2015. Its investment target amounts to Euro 120 million and it is fully dedicated to the logistics market. The Fund’s investment strategy includes the acquisition of logistics sheds and warehouses with a low risk profile, mainly located in Lombardia or in northern Italy to be leased.

Inception year: 2015

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Delphine Fund

Italian closed-end real estate alternative investment Fund reserved to professional investors, with the purpose of the collective investment of the funds raised, aimed at achieving, through the professional management of the Fund itself, in view of a subsequent sale, an increase in the value of the investments and the allocation and distribution of net results of the operations following the disposal of the investments made. As of today, the fund comprises two assets, mainly with office destination of use, approx. 56.000 sqm, located in Rome and Milan.

Inception year: 2013

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Mazer Fund

Mazer is an italian closed-end real estate alternative investment Fund reserved to professional investors, which was established in 2014 and whose management has been entrusted to Kryalos SGR in February 2016. The Fund, which is fully dedicated to the logistics market, has already completed all the acquisitions. Its investment strategy, currently, is aimed to proactively manage its assets, through enhancing and leasing all the properties.

Inception year: 2014

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Moma Fund

Moma is an italian closed-end real estate alternative investment Fund reserved to professional investors, which was established in 2014 and whose management has been entrusted to Kryalos SGR in February 2016. The Fund actually manages two Outlet Village located, respectively, in Lombardia and Puglia.

Inception year: 2014

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Pacific 1 Fund

Italian closed-end real estate alternative investment Fund reserved to professional investors.
The Fund’s purpose is the collective investment of the funds raised, aimed at achieving, through the professional management of the Fund itself, in view of a subsequent sale, an increase in the value of the investments and the allocation and distribution of net results of the operations following the disposal of the investments made.
As of today, the fund is composed of nine assets, mainly with office destination of use, approx. 100.000 sqm, located in the main Northern-Italian cities (Turin, Milan, Florence and Genova).

Inception year: 2014

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Mona Lisa Fund

Mona Lisa is an Italian closed-end real estate alternative investment Fund reserved to professional investors, established by Kryalos SGR in July 2016. Its investment target amounts to Euro 130 MM. The Fund’s purpose is the collective investment of the funds raised, aimed at achieving, through the professional management of the Fund itself, in view of a subsequent sale, an increase in the value of the investments and the allocation and distribution of net results of the operations following the disposal of the investments made. As of today, the fund comprises three assets with logistic destination of use, in addition to two lands, for approx. 230.000 sqm, located in northern Italy, mainly in Lombardy and Emilia- Romagna regions.

Inception year: 2016

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Value Add I Italy Fund

Value Add I Italy is an Italian closed-end real estate alternative investment Fund reserved to professional investors, established by Kryalos SGR in October 2016. The Fund’s purpose is the collective investment of the funds raised, aimed at achieving, through the professional management of the Fund itself, in view of collecting expected cash flows (including renting cash flows) and of a subsequent sale, an increase in the value of the investments and the allocation and distribution of net results of the operations following the disposal of the investments made. The Fund currently manages one office building in Milan, Porta Nuova CBD, with a total surface of approx. 13,000 sqm.

Inception year: 2016

 

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Hortensia Fund

Hortensia is an Italian closed-end real estate alternative investment Fund reserved to professional investors, established by Kryalos SGR in December 2016. The Fund’s purpose is the collective investment of the funds raised, aimed at achieving, through the professional management of the Fund itself, in view of a sale, an increase in the value of the investments and the allocation and distribution of net results of the operations following the disposal of the investments made. As of today the Fund is composed of 46 mixed-use assets – mainly office and retail – located in the main cities of the Country (Milan, Rome, Turin, Florence, Venice and Bologna) coming from distressed portfolios owned by bank institutes.

Inception year: 2016

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All Star Fund

Italian closed-end real estate alternative investment Fund reserved to professional investors. The Fund’s purpose is the collective investment of the funds raised, aimed at achieving, through the professional management of the Fund itself, in view of a subsequent sale, an increase in the value of the investments and the allocation and distribution of net results of the operations following the disposal of the investments made. As of today, the fund is composed of one asset, with office/laboratory destination of use, approx. 22.000 sqm, of three assets partially leased to Allianz group, for a total of 31.600 sqm, that will be totally refurbished, and of a historic building with a surface of 2,500 sqm located in the center of Milan. The Fund has also signed a preliminary contract for the purchase of two office buildings for a total of 5,000 sqm located in the historic centers of Milan and Rome, from a primary banking group.

Inception year: 2016

 

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Camelot Fund

Camelot is an Italian closed-end real estate alternative investment Fund reserved to professional investors, established by Kryalos SGR in December 2016. The Fund’s purpose is the collective investment of the funds raised, aimed at achieving, through the professional management of the Fund itself, in view of a sale, an increase in the value of the investments and the allocation and distribution of net results of the operations following the disposal of the investments made. Its investment strategy, currently, is aimed to the acquisition of logistics sheds and warehouses located in Italy, refurbished and enhanced or developed.

As of today, the Fund’s portfolio is composed of ten logistic assets, located in some logistic and industrial districts of the cities of Turin, Milan and Verona, with a total surface of approx. 300,000 sqm.

Inception year: 2016

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Pegasus Fund

Pegasus is an Italian closed-end real estate alternative investment Fund reserved to professional investors. The Fund was established in may 2017 and its investment target amounts to Euro 250 million. It will invest primarily in properties to be leased or already leased to be sold with significant value added in terms of capital gains that can be realized without any particular constraints regarding the nature and destination of use of the assets.
The Fund has currently completed its first investment by acquiring an office building that is fully leased and has a GAV of Euro 160 million.

Inception year: 2017

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Pantheon Fund

Pantheon is an Italian closed-end real estate alternative investment Fund reserved to professional investors. The Fund was established in june 2017 and its investment target amounts to Euro 120 million. It will invest in hotel and hospitality sector. The Fund has completed its first investment by acquiring two office buildings located in the city center of Rome, currently intended for office use but expected to be reconverted into a Luxury Hotel.

Inception year: 2017

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Titan Fund

Titan is an Italian closed-ended real estate alternative investment Fund reserved to professional investors. The Fund was established in July 2017 and its investment target amounts to Euro 40 million. The Typical Investment of the Fund shall consist in lands for ground up development opportunities for any kind of use, including office, residential, retail, hotel, industrial and/or logistic use only located in Italy. The Fund has currently signed the preliminary agreement for the purchase of a Land, to be performed after the current owner will have carry out the demolition of the existing building and the installation works on the Land. The construction of a new building will start after the Closing.

Inception year: 2017

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Richmond Fund

Richmond is a closed-ended real estate alternative investment Fund reserved to professional investors. Its purpose is the investment of the funds raised mainly in properties with office destination of use. Established in May 2017, as of today the Fund is composed of one office building situated in Milan, with a gla of almost 7,000 sqm.

Inception year: 2017

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European Core Property Fund Italy

European Core Property Fund Italy is a closed-ended real estate alternative investment fund reserved to professional investors. Established in November 2017, the fund has an investment target of Euro 150 million and it is dedicated to Core/Core Plus investments, that may request limited renovation programs, in the office, retail, residential, logistics or industrial market.  The Fund performed its first investment acquiring a recently built retail park, opened in June 2017 and located in Veneto Region, in the Province of Treviso.

Inception year: 2017

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Italy Opportunity Fund

Italy Opportunity Fund is a closed-ended real estate alternative investment fund reserved to professional investors. Established in November 2017, the fund has an investment target of Euro 150 million and it is dedicated to Opportunistic investments in the office, retail, residential, logistics or industrial market.  The Fund performed its first investment acquiring an office building located in Milan, in Porta Volta district, currently fully-vacant to be refurbished.

Inception year: 2017