Changes to the way Norway's giant wealth fund invests in real estate could usher in a greater emphasis on the listed sector when Norges Bank Real Estate Management’s (NBREM) 130 staff are merged back into the fund’s investment teams.
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.
