Santander Asset Management, together with Grupo Patio, launched a residential income investment fund, having raised UF 3.1 million (around US$123 million) for investment in assets.

The Santander Rentas Residenciales Investment Fund will invest in real estate located in Chile, with a focus on residential real estate income.

Santander Asset Management was advised by Christian Schiessler (director), Felipe Hasenohr (associate) and Cristián Jiménez (associate) of Jara Del Favero Abogados.