Serious market unrest prompted by proposed new rules for Italy's real estate funds is hampering the sector's profitability and reputation with international investors, market experts have warned. Luigi Pischedda, country manager Italy at IPD, says uncertainty reigns among Italian fund managers after the government failed to clarify the intent and the impact of a recently issued law reforming real estate funds.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
