Invel Real Estate closes Eudora Fund 2 with over 400 million euros

On June 29, 2026, the European real estate investment manager Invel Real Estate announced the final closing of its Eudora Fund 2. The fund successfully secured capital commitments exceeding 400 million euros, surpassing its initial target of 300 million euros. When combined with debt financing and co-investment capital, the fund's total investment capacity is expected to exceed 1 billion euros. The strategy of Eudora Fund 2 focuses on Southeast Europe, specifically targeting Greece and Italy. The investment firm identified structural supply-demand gaps and fragmented property ownership as key opportunities in these markets. The fund aims to operate across the capital structure by providing liquidity and recapitalization solutions, alongside direct investments in individual properties, portfolios, and real estate companies. The firm stated that it targets assets where market valuations do not fully reflect fundamental value.