Edmond de Rothschild Real Estate Investment Management (REIM) has completed the acquisition of its second build-to-rent residential development, the £60 mln (€50 mln) Merlin Wharf in the Waterside regeneration area of Leicester, UK.
Big pension funds, insurers and major asset managers intensified their investment activity in the week before Expo, with well over €2 bn of real estate changing hands.
