Construction is to start shortly on the Valmontone Tourist centre, a mixed-use scheme 50 km south of Rome. Italy's Investeco will invest EUR 165 mln in the hotel and conference centre situated within the new 200-hectare tourist complex, which will also feature a EUR 300 mln theme park, Europe's second largest after Disneyland Resort Paris.
Listed REITs and banks, British Land, Capital & Regional and Wells Fargo, bought and sold four shopping centres and retail parks this week.
