Vehicles targeting core assets account for the overwhelming majority of the European real estate fund industry, reflecting an increasing risk aversion among fund managers and investors, according to new research from advisory firm Swisslake.
Vehicles targeting core assets account for the overwhelming majority of the European real estate fund industry, reflecting an increasing risk aversion among fund managers and investors, according to new research from advisory firm Swisslake.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.