US private equity group Carlyle has received the go-ahead from the Bank of Italy for the launch of an SGR real estate asset management unit, a Carlyle spokesperson told PropertyEU on Monday. The new subsidiary will be led by CEO Guido Audagna, currently managing director of Carlyle in Italy.
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.
