Partners Group Holding AG, on behalf of its clients, will invest in 11 residential assets in Italy and 11 office properties in Poland.
The two real estate portfolios have a gross asset value of €500 million and 170,000 square meters in aggregate leasable area.
Banca Finnat Group unit Investire SGR SpA will coinvest in and manage the Italian portfolio, which has a leasable area of 70,000 square meters.
Reino Capital will manage the Polish portfolio, which consists of up to 100,000 square meters of standing assets, with around 25,000 square meters that are under construction.
The buyout firm and its operating partners plan to make significant operational enhancements in both portfolios.