Hotels performed better than any other property sector in key European markets over a 10-year period. Hotels also showed lower volatility, Malcolm Frodsham of the Independent Property Databank (IPD) told a meeting at Expo Real this week.
Hotels performed better than any other property sector in key European markets over a 10-year period. Hotels also showed lower volatility, Malcolm Frodsham of the Independent Property Databank (IPD) told a meeting at Expo Real this week.
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.