Over £246 mln (EUR 297.6 mln) of student housing investment deals was transacted in the first quarter of 2012, new research from CBRE has revealed. In 2011, investment in student accommodation grew by nearly 50% to over £1.1bn.
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.
