Aberdeen Asset Management has been appointed to manage a Nordic property portfolio worth EUR 537 mln. The portfolio properties are mainly located in Denmark, Sweden and Finland and consist of retail and residential properties. The portfolio was previously managed by Danish property asset manager, Property Group.
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.
