Partners Group has invested in two real estate portfolios in Europe on behalf of its clients, comprising 11 residential properties in Italy and 11 office assets in Poland. The properties have a gross asset value of €500 million ($607 million) and a combined leasable area of 170,000 square meters (tk square feet).
The 11 residential properties in Italy are spread across major urban centers; the majority are located within the center of Milan, with the balance in Rome and Turin. The leasable area of 70,000 square meters (1.83 million square feet) will be managed by Italian operating partner InvestiRE SGR, part of Banca Finnat Group, which will co-invest alongside Partners Group. The Polish office portfolio comprises 11 class A office properties in Kraków and Wrocław, which are currently made up of 100,000 square meters (1.1 million square feet) of standing assets, with around 25,000 additional square meters (269,000 square feet) under construction. The assets will be mana