Henderson launches Italian fund platform

Henderson Global Investors has formed a partnership with Investire Immobiliare Sgr, the property fund arm of Banca Finnat Euroamerica Group, to develop and distribute pan-European funds in Italy.

The joint venture allows Henderson to boost its activities in Italy at a time when Italian real estate is harder sell to foreign investors.

'The search for growth in Italy, even in this difficult period for the market, made us consider new strategic options,’ Henderson’s Italian head Alberto Albertazzi told PropertyEU. ‘We decided our presence had to be expanded both in terms of distribution and origination, and this could be done either via the acquisition of an existing fund manager or via a joint venture with an Italian partner,' Albertazzi explained.

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