Aberdeen Asset Management is gearing up to launch four new funds, likely before the year-end, Alessandro Bronda, head of global property investor solutions at Aberdeen, told PropertyEU. ‘We will launch three residential funds, one each for Sweden, Denmark and Germany that will invest in a bit of everything because that creates diversity,’ Bronda said.
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.
