Real estate investment manager Long Harbour has teamed up with PSP Investments and Cadillac Fairview, the real estate arm of the Ontario Teachers’ Pension Plan, to create a £1.5 bn (€1.76 bn) Build to Rent (BTR) platform for the UK.
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.
