International fund manager Schroders Property is working on the launch new property funds, Buddy Roes, head of logistics fund management, told PropertyEU at Expo Real. Roes said that logistics is back on the radar of many institutional investors, given its solid returns and low volatility relative to other property sectors.
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.
