Enasarco, the Italian pension fund for Italian financial planners and commercial agents, plans to start divesting EUR 3 bn worth of real estate assets from the fourth quarter of 2010. The disposal is part of the company's new strategy aimed at investing in high-quality real estate generating higher returns. The company's portfolio generates returns of roughly 1% at present.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
