New Mexico State Investment Council (SIC) has approved a €200 mln commitment to Ares Management Corporation’s latest value-add European property fund, according to IPE.
New Mexico State Investment Council (SIC) has approved a €200 mln commitment to Ares Management Corporation’s latest value-add European property fund, according to IPE.
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.