CACEIS to Provide Depositary Services for Real Estate Fund

Italian real estate management company, IDeA FIMIT has chosen CACEIS as the depository for its new real estate fund, Armonia, which currently has assets worth €175 million.
By Editorial
Italian real estate management company, IDeA FIMIT has chosen CACEIS as the depository for its new real estate fund, Armonia, which currently has assets worth €175 million.

The Italian branch of CACEIS already acts as the depositary for several funds managed by IDeA FIMIT, and with this mandate it consolidates CACEIS’s position among the key players in the Italy’s real estate fund service sector.

“This is a prestigious mandate for us in the strategic real estate fund service sector, in which our clients benefit from our international experience and our complete understanding of the local market,” says Roberto Colapinto, head of regional coverage for Southern European and Latin American clients, CACEIS Group.

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