Edmond de Rothschild Real Estate Investment Management (REIM) has assembled a £100 mln (€115 mln) development site in the centre of Birmingham for its Edmond de Rothschild Residential Investment Fund UK, which invests in the private rented sector (PRS) on behalf of European institutional investors.
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.
