All property returns in the UK are predicted to grow by 5.3% in 2023 and 10.8% in 2024 according to Colliers’ latest Real Estate Investment Forecasts (REIF), an upward revision from the 3.1% and 9.1% the firm predicted in its Q4 2022 report.
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.
