New mezzanine finance funds targeting the Nordics to take advantage of tight bank financing may find their return expectations make them too expensive, panellists told PropertyEU's Investment Briefing on the Nordic markets in London last week.
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.
