Amro Partners will be looking to grow its portfolio of purpose-built student accommodation (PBSA) assets to around 5,000 beds or about €1 bn in value over the next two years, according to Rainer Nonnengässer, who was appointed senior managing director in early January.
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.
