Last week the new IPD Benchmark on Real Estate Funds was presented in Rome to the leading SGR’s operators and to institutional investors’ representatives.
The market of indirect investment in Italy needs more transparency and more data to become more attractive to international investors (who are growing) and to Italian institutional investors including private pension funds which are increasingly shifting from direct property management to third-party management.
The round table highlighted advantages and criticalities of the relation between investors, regulators and fund management companies. The opinion of Paolo Scordino, CEO of Prelios SGR, is that the IPD Benchmark is certainly a useful and valuable tool for the purposes of interacting with foreign operators. The interview with Paolo Scordino is reported below.