Established by Kryalos SGR in 2021, the closed-end real estate fund reserved for professional investors named Rox has a Value Add risk/return profile and currently owns a mixed-use (residential and office) real estate complex located in Milan near the Porta Nuova area and the Isola district. The investment strategy envisages the conversion of the asset into residential, with about 70 new apartments thanks to a complete redevelopment project, which also includes the construction of seven additional floors.