The proposed Solvency II regulation for European insurance companies threatens to have serious negative consequences on the entire real estate industry, the German property federation ZIA has warned. 'Real estate investments will become far less attractive with the capital requirements currently planned,' said Bärbel Schomberg, vice-president of Zentraler Immobilien Ausschuss (ZIA).
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
