Investors in non-listed real estate funds are set to allocate increasing amounts of their resources to Asia at the expense of vehicles based in Europe, according to new research from INREV, the European association for investors in non-listed real estate funds.
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.
