Legal & General has launched the L&G affordable housing fund, alongside a £125 mln (€149 mln) commitment from Local Government Pension Scheme (LGPS), Access, a collaboration of central, eastern and southern shires, composed of 11 LGPS administering authorities with assets totalling £40 bn.
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.
